Truth...
The Eight DOW “Crashes” of the Last 137 Years Explained
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1.) Sell-off to capitalize on government war economy spending continues and combines with Harding’s (15%) Revenue Act of 1921 which causes the “economic contractions” to become a self-sustaining contraction, a recession which depth and length officially make it the Depression of 1920 – 1921.
2.) Sell-off to capitalize on the tax cut/financial markets scam infusions from Harding’s (15%) Revenue act of 1921 Coolidge’s (18%) Revenue Act of 1924 and Hoover’s (21%) Revenue Act of 1928. Economic contractions caused by the 1924 and 1928 tax cuts finally cause the contractions to become a “self-sustaining” economic contraction in August 1929. That is the official start of the Great Depression. Two months later, that self-sustaining contraction becomes a recession on Black Thursday, October 24, 1929, with the 1% sell-off to capitalize on the stock price increases from their infusions and all the other investors’ stock values. Those other investors are locked out from making sell-bids due to the early start of the sell-off and the sheer volume of stocks being sold. The “ticker tape” machines relaying the market data to stockbrokers across the U.S. are rapidly overwhelmed and are running two hours behind the actual market events and do not catch up until hours after the “closing bell”. The 1% capitalized on 11% of the market value that day. But their greed was not sated.
At the end of the day on Black Thursday, the three leading national banks along with some industrialists, bought millions of dollars of stock at rock-bottom prices to “shore up the markets and restore confidence”. They were hailed as heroes but in reality, they were the 1% who ran their scam ending sell-off all that day and were now reinvesting the funds of which they had capitalized 11% of the value of the market. The ploy worked to start the scam all over again as the other investors invested heavily to try to recoup their Black Thursday losses. By Black Tuesday the 1% had lured enough investors back into the market that they were able to start another massive sell-off at the starting bell. October 29, 1929, pretty much mirrored October 24, 1929, capitalizing another 12% of the market value.
3.) Great Mistake of 1937 Conservative Democrats in the Roosevelt administration convinced FDR, in 1937, that the economy had recovered sufficiently so that he should cut back on the stimulus spending. The economy turned for the worst, at that point the 1% started a massive selloff to capitalize on that stimulus spending. Job losses totaled 3,801,000, Personal Consumer Expenditures dropped by1.2 million, Dow dropped 33% of its value and GDP dropped 5.6 points. Three explanations are offered as causes for the recession: the tight fiscal policy resulting from an attempt to balance the budget after New Deal spending; the tight monetary policy of the Federal Reserve; and the declining profits of businesses leading to a reduction in business. The tight fiscal and monetary policies are the results of the 1% infusing large amounts of funds causing economic contractions when those funds were taken out of the circulation in the economy. When the 1% started their massive selloff, those contractions became self-sustaining (e.g. the Recession of 1937). The “declining profits of businesses” were due to the economic contractions which deplete the amount of money in circulation. Whenever the money in circulation in the economy is cut, it restricts governmental and consumer spending to just the basic needs, austerity spending. The governmental and consumer spending are the two main sources of spending needed in a thriving economy to keep the demand in the economy at a level where business is profitable. The cutting of those two types of spending causes businesses to slow down or cut production thus forcing the economy to shed the higher paying manufacturers workers. That is the goal of any 1% market-manipulation scheme because when they allow the economy to “recover”, those manufacturing jobs will be brought back at lower wages with fewer if any benefits. All so they can use their invisible hands to manipulate all Americans like they always have.
4.) Recession of 1980 1/80-7/80 (0 years 6 months) The NBER considers a very short recession to have occurred in 1980, followed by a short period of growth and then a deep recession. Unemployment remained relatively elevated in between recessions. The recession began as the Federal Reserve, under Paul Volcker, raised interest rates dramatically to fight the inflation of the 1970s. The early 1980s are sometimes referred to as a "double-dip" or "W-shaped" recession.
5.) Reagan’s Economic Recovery Tax Act of 1981 was the official start of the ever-widening income gap between the top 10% of the American wage earners and the bottom 90%. Their tax cut/financial market scam had them taking the money Reagan had made legal to evade paying taxes on and infuse the markets with their combined billions to kick the price of market shares up creating artificial bubbles to lure other less knowledgeable investors in behind them. The economic contractions they create are not yet self-sustaining because those other investors are not locked out from selling their shares and spending the proceeds out into the economy thus lessening the effects of those economic contractions. Every year those tax cuts are carried over (remain in the U.S. Tax Code unchanged) it is like a new tax cut for the 1%, giving the 1% billions more to keep their scam and artificial bubble expanding and giving the politicians millions more each year in kickbacks from the 1%. This had been mainly conducted by the G.O.P. until 1992 when the Koch family helped get Clinton elected as POTUS.
6.) The 1% started a selloff on Black Monday, October 19, 1987,
to capitalize on the 6 years of the Reagan tax cut/financial market scams. "At the time, 1987 seemed very bad, a one-day shot that was just so terrible," said Robert Brusca, chief economist at Fact and Opinion Economics. "But it was one day. It turned out to be a great buying opportunity, actually." The 1% have always bought back in at “rock-bottom” prices after each selloff they conduct.
7.) Recession of 90-91 7/90-3/91 0 years 8 months
After the lengthy peacetime expansion of the 1980s, the rate of inflation increased, and the Federal Reserve responded by raising interest rates from 1986 to 1989. This weakened but did not stop growth, but some combination of the subsequent 1990 oil price shock, the debt accumulation of the 1980s, and growing consumer pessimism combined with the weakened economy to produce a brief recession.
8.) The 1% had been running their tax cuts/financial markets scams continuously since Reagan reinstated the 1%’s “economic liberalism” that they had used on every North American inhabitant from the day the first European lesser royal, out of the crumbling European feudal systems, stepped on North American soil. When the colonies were forming, they were business ventures started by groups of businessmen back in their countries. The business groups were given Charters by the crown and as such needed to show some profit to the crown from the colony. The Charted group had to rapidly populate their colonies. They offered land to all immigrants from their countries which was usually in 50-acre plots for the common immigrants. They also offered 2,000-acre plots to immigrants who could prove they could successfully manage such large plots. The lesser nobles fleeing the crumbling feudal systems, knew the Charter members and thus could easily prove they could manage the plots as they had managed the fiefs and manors in those systems. They were given the large plots and thus became the colonies’ “landed gentry”.
There has never been any sporadic, disaster or economic caused crashes in the 137 years of the Dow Jones Industrial Average. This is and has been the financial vehicle that the 1% has used from its start in 1884. To get rich off other investors' portfolios, to control the national economy and to keep all American workers' wages depressed for years. It is the 1%'s business cycles in which they infuse the markets with funds to push share prices up. They do this to lure unsuspecting other investors into their "tax cuts/financial markets" scam. The infusion portion of the cycle, which they call bear markets, has the DJIA rapidly rising, and the massive amounts infused cause economic contractions by depriving the economy of the currency it needs to operate efficiently. Economic contractions are like short recessions as the government and consumers are deprived of the money to spend on anything but the bare necessities. Those two lines of spending in the economy are what keeps the level of demand in the economy high enough to keep production lines running. These "economic contractions" are not self-sustaining because during this phase, the other investors that were lured in, can sell part or all of their portfolios and spend that money out into the economy thus cutting the effects of those "economic contractions".
When the 1% decides they have enough other investors money in the market, they stop infusing the market which comes to a peak. They have already decided what day they are going to start their "business cycle" ending selloff. They start selloff at the beginning bell with volumes so massive the other investors are locked out from selling their shares to save their values. This phase of their business they call "bear markets". The selloffs with their rapidly declining share prices are what the 1% calls the market crashes. The 1% has their floor managers run the buy-sell patterns in rapid succession for the length of the selloff to keep the share prices rapidly "falling". The economic contractions are now self-sustaining, called recessions which are the light blue vertical lines behind the Dow line. Every recession recorded by the National Bureau of Economic Research (NBER) since 1884 has been started by their business cycle selloffs.
DJIA Charts Source: Dow Jones - DJIA - 100 Year Historical Chart | MacroTrends
Sources for my other research: Not Spam, Very Non-Partisan Sources (substack.com)