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The Times

experts are predicting a stock market crash – what does 1929 have to teach us?

  • Written by Alexander Howard, Senior Lecturer, Discipline of English and Writing, University of Sydney

Winston Churchill has just arrived in New York City. It is October 6 1929. Travelling with several members of his family, the British statesman checks into the Plaza Hotel, synonymous with wealth and celebrity – and certainly not cheap. But that’s no concern for Churchill: the cost of his stay – along with his cigars and brandy...

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