4 ms·
If you look at stock market data from the 1910s, when spanish flu ripped everything and everyone apart, the economy then dropped in a similar way today, well, u
by proverbialbunny 7y ago
If you look at stock market data from the 1910s, when spanish flu ripped everything and everyone apart, the economy then dropped in a similar way today, well, until the Fed started pumping trillions into the market, and now the market is looking different then than today.
The economic collapse from the Spanish Flu was so devastating it was used as a selling point to create the Federal Reserve, which was sold to help a situation similar to today. Today, the Fed's marketing is on the line.