- The stock market collapsed by approximately 50%, and the lack of liquidity in banks prevented them from paying money to depositors.

Lack of liquidity leads to a lack of liquidity in the markets, making people unable to buy.

- Factories stop working, leading to job losses or employment reductions, affecting entire families.

- An increase in cases of famine and starvation.

- An increase in the number of people selling their homes to obtain food and shelter.

- An increase in the number of homeless people and streets filled with hungry people.

- The emergence of Germany and the beginning of World War II.

These events combine a loss of confidence in the financial and economic system with their serious humanitarian consequences, which has contributed to the emergence of global wars and disasters.

This is the economic thing that happened in America before, and we are afraid it will be repeated during the next year