With the Dow Jones stock market index at about 47,000 it is interesting to see how far it has come since May 7, 1929, when it hit a high of 326 for the 1920s. But just a half a year later on Nov. 8 its value fell to 198.

The Great Crash of 1929 wiped out $50 billion which was half the entire $100 billion Gross National Product (GNP) for the country.

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