The Eight DOW “Crashes” of the Last 137 Years Explained 1 2 3 4 5 6 7 8 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.
Truth...
Truth...
Truth...
The Eight DOW “Crashes” of the Last 137 Years Explained 1 2 3 4 5 6 7 8 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.