> The great depression was largely the result of massive numbers of everyman speculators entering the markets with reckless amounts of leverage. The Great Depr

> The great depression was largely the result of massive numbers of everyman speculators entering the markets with reckless amounts of leverage. The Great Depression is a lot more complicated than Black Thursday... (inflationary monetary policy during most of the roaring 20's, contractionary policy during the market crash causing bank runs).