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History, 25.01.2022 02:40 terriblexsiren
What was the long term cause of people who were in deep debt from buying stocks on margin throughout the 1920s were then unable to walk away from the stock market because they needed a big payoff to cover their debts. This led to the Crash because
people continued to play the stock market throughout the 1920s without
putting enough cash into it to create real value.
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