Looks to me like the stock market was the main culprit, working more like a casino than an investment vehicle. Same as today... I think it needs more regulation!

Just for a refresher, didn't your article say the SH was the main driver for the GD? I don't think anybody here is arguing that it wasn't a contributing factor.
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“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller