Wednesday, 2 December 2015

7 Worst Stock Market Crash In History

Unemployment and economic strife usually accompany a stock market crash.The Stock Market is also known as the equity market. It is a market where shares of public companies are traded and issued. Although the stock market is the greatest money making machine in history, it has also burned holes in the pockets of millions of investors. Over the years, the world has witnessed its fair share of stock market crashes. In the list below, we will recollect some of the worst crashes in history that has devastated thousands if not millions of people all over the world.
Here are some interesting facts about the stock market.
  1. According to historians, the oldest stock exchange in the world is in Belgium.
  2. The Curb was the original name of the American Stock Exchange.
  3. In Canada, all exchanges are made electronically. Canadians apparently condemn shouting.
  4. Dogs are apparently allowed to make investments in the Stock Market i.e. if they receive a credit card offer in the mail.
  5. The oldest stock exchange in America is The Philadelphia Stock Exchange. It began operations in 1790. 
  6. One man always seem to come back stronger after every stock market crash. He is non other than the Oracle of Omaha, Warren Buffett. Today Warren Buffett’s fortune is worth $67 Billion according to Forbes thanks to the stock market.

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