World Depression - 1929
After the World War people tried to believe that a New Era had dawned upon the world.
People thought that they had found a solution to the problem of mass-distribution.
People thought that the time had come for the two-car garage, a chicken in every pot, and a sign “To Let” in front of every poor-house.
And everybody wanted to cash in on the future prosperity.
So stock promoters got busy and stocked people with stocks till they got stuck.