This isn't really accurate. Most people in 1920 didn't even know what the stock market was, and almost none of them would have had any money invested in it. People got fucked because the banks all went under and didn't have enough cash to meet their obligations so people lost all their money.
Here’s something to think about, who was attempting to crash the company GameStop? It was not so long ago some high profile hedgefund managers were projecting the market will crash in 2021, when I heard that, i knew which side of the trade they were on. On the other side of the trade are the teenagers. The teenagers are protecting the markets for the long term.
This isn't really accurate. Most people in 1920 didn't even know what the stock market was, and almost none of them would have had any money invested in it. People got fucked because the banks all went under and didn't have enough cash to meet their obligations so people lost all their money.
20th century was weak sauce
Here’s something to think about, who was attempting to crash the company GameStop? It was not so long ago some high profile hedgefund managers were projecting the market will crash in 2021, when I heard that, i knew which side of the trade they were on. On the other side of the trade are the teenagers. The teenagers are protecting the markets for the long term.
This picture was taken from - https://funnyjunk.com/Fearful+crypto+goshawk/TxfwMGk/
Just goes to show how many fucking idiots live in 2020.