Black Tuesday

Black Tuesday

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  • In 1929 the stalk market was all the rage. Everyone wanted in on all the fun, so the people who had less money bought on margin, and the people who had lots of money invested a good chunk of it into the stalk market. 
  • Bank Of Canada
  • Since we invested $300 into the stocks for that business in town, when we get money back from it we could buy a spiffy car.
  • Yes that would be swell. Only if we can pay off the money we bought on margin first, Robert.
  • Thats the cats meow!
  • Honey, look what I just bought!
  • I told you that this was a good idea Juliane. But I heard that the stocks are dropping.
  • It's the bee's knees, that you bought those shares because we are getting dividends now Robert!
  • The day the stock market crashed. Also known as Black Tuesday. Everyone lost almost to all their money. A lot people crowded the bank to try and get their money back. But then they realized that the bank had none of their money and they could not get it back.
  • Bank Of Canada
  • Kids we are going to have to move into your grandparents house with your uncle. We are going to try and sell our house to get some money.
  • We lost everything, how can this be true. How am I supposed to feed my kids with no money? This is terrible how are we supposed to survive the winter? What am I going to do? 
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