We had a booming stock market in 1929 and then wen...

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

-Jeffrey Sachs

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Frequently Asked Questions (FAQ)

Who said "We had a booming stock market in 1929 and then wen... "?

"We had a booming stock market in 1929 and then wen... " is one of a famous quotes by Jeffrey Sachs. Complete quote is as follows;
"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."

What is "We had a booming stock market in 1929 and then wen... "?

"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different." This is a quote by Jeffrey Sachs which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.
"

What does "We had a booming stock market in 1929 and then wen... " mean?

This quote is primarily about finance although it also includes other themes like . It is attributed to Jeffrey Sachs. Complete quote is as follows;
"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."