Fault Lines of a Fallen Market

The Wall Street Crash of 1929 was not a single catastrophic event - it was the visible rupture of a financial system riddled with structural fault lines that had been accumulating for years. By the time the Dow Jones Industrial Average fell nearly 13% on Black Monday, October 28, 1929, the conditions for collapse had long been in place: speculative excess, dangerously thin margin requirements of j...