Word: crashing
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Dates: during 1980-1989
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Below decks the crash and the quick list of Andrea Doria lifted sleepers out of bed and hurled them around cabins, to be sprayed by flying porthole glass. Passengers an stairways were jerked off and slapped to the deck. Smoke drifted back from the long (40 ft.) gash along the ship's starboard. Oil and water sloshed along the corridors. Over the ship's loudspeaker came Italian commands to remain calm, but they were only half heard or not understood...
...currency reform helped to subdue the German inflation, however, and the next five years developed into a kind of rosy blur in economic history. Not so 1929: it is one of those years, like 1776 or 1914, that is synonymous with a single event, in this case the Great Crash. Politicians and businessmen might keep saying that prosperity was just around the corner, but they could not still the anguished question that
...then, did a Market which had broken on Oct. 23 demonstrate with a continued crash on Oct. 24 that the end of the Great Bull Market had really arrived? Apt appeared the analogy between the break on the market and a run on a bank. The Bank was U. S. Industry. Assets of the bank were the real assets of U. S. Industry. Stocks were the paper money which the bank had issued. Now all banks, even the Federal Reserve System, issue more money in paper than they have gold in their vaults. Every bank would be broken...
...crash came on Oct. 23, 1929, is as mysterious as why the World War chanced to begin on Aug. 4, 1914. Vital point is the undermining of popular confidence that ended in the crash. The September slump was of tremendous importance in its indication that a Market which could survive only by constant rises had reached the limits of its climb. Slowly the Market began to realize that 1929 might be an abnormal year, a high-water year instead of one more level in a still-rising tide. If this fear were well founded, what then...
...starting to rain again. The back motors of the ship are holding it just enough to keep it-terrific crash, ladies and gentlemen. It is in smoke and flames now. Oh, the humanity! Those passengers! I can't talk, ladies and gentlemen! Honest, it is a mass of smoking wreckage. Lady, I am sorry. Honestly. I can hardly-Few seconds later Morrison recovered his voice, went on with his transcription. But by that time the worst and most completely witnessed disaster in the history of commercial aviation was over, the 803-ft. Hindenburg was gone, destroyed in precisely...