Manage episode 517968543 series 2557376
Andrew Ross Sorkin’s new book, 1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation, is an eye-opening account of the forces that led to the worst financial crisis in history, and the lessons that disaster can teach us about today’s economy.
Andrew Ross Sorkin’s new book, 1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation, is an eye-opening account of the forces that led to the worst financial crisis in history and the lessons that disaster can teach us about today’s economy.
(7:09) What life was like before the crash
(8:58) How Americans developed a taste for leverage
(17:10) What happened on Black Thursday
(20:05) Why so few people saw the crash coming
(26:23) Could the crash have been averted?
(37:13) Andrew’s fascination with money
(39:22) What if financial bubbles are a feature, not a bug?
(41:35) Could we be headed for another 1929?
(45:00) The dangers of leverage
(53:16) Will the blockchain change the future of finance?
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