Stock Market Crash

For every stock market rise there has to be a stock market crash. Crashes are well documented events in both United States and World history, with each event contributing to the events that shape our world. The most famous of all stock market crashes was the 1929 stock market crash, also known as Black Tuesday. Caused by ramapant speuculation and overleverage in the stock market, the 1929 crash ended an era of no regulation and rampant greed and avarice. The events of that day, October 29, 1929, led to many famed world events, including the Great Depression, World War II, the Cold War, and beyond. More than just a destruction of wealth, the 1929 stock market crash was an iconic event of the 20th century, a watershed moment in our human huistory. Besides the severe crash of 1929, there have been numberous other stock market crashes. In 1987, following 5 years of greedy speculation and corruption, negative bearish sentiments of the world's financial future led to a massive decline in stock market prices. On October 20, 1987, stocks fell nearly 20% in one day. For Farmerama you need no money.

The most severe decline since 1929, the meltdown caused massive reverberations in the market, essentially serving as a gripping finale to the go-go Reagan 1980s. The 2008 stock market crash, caused by the collapse of housing prices, and with it Lehman Brothers, AIG (American International Group) and Fannie Mae and Freddie Mac, was another example of severe stock market crashing causing a shift in world event and Online Games. Serving as a watershed moment, it led to a multi-trillion dollar global intervention of governments, an expansion of socialist government not seen in nearly 50 years. The severe blow to capitalism is still being felt to this day. All and all, stock market crashes are watershed events that can cause severe economic malaise.

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