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Great Crash

   Also found in: Wikipedia 0.01 sec.
Great Crash
1. Three trading days where the New York Stock Exchange lost a significant amount of value very quickly. The Great Crash presaged the Great Depression, though it had already started in some areas. See also: Black Thursday, Black Monday, Black Tuesday.

2. An alternative (and slightly inaccurate) term for the Great Depression.

Great Crash
The major declines in economic activity and stock prices that occurred in 1929 and the early 1930s.


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The book is a special book issue of the journal Ethical Space and is called Playing Footsie with the FTSE: The Great Crash of 2008 - Why Did Nobody See It Coming?
There was already a backlog of what I term Ready-to-be-Implemented Technological advances (RITs) before the great crash of 2008, and the need to implement them and retool our economy is now greater than ever.
Sachs Summary: The world has yet to achieve the macroeconomic policy coordination that will be needed to restore economic growth following the Great Crash of 2008.
 
 
 
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