Bookshelf by Harminder Singh

Welcome

harmindrsingh — 2024-11-24 06:22:38 UTC

On my wall, we will learn about the stock market and financial collapses. we will go into some detail about the causes and effects of stock market collapses.

Video-1 : How it Happened, 2008 crisis.

harmindrsingh — 2024-11-24 06:46:40 UTC

Summary: The 2008 Financial Crisis was an economic meltdown, which was caused due to the crisis in the U.S. housing bubble. They started giving risky loans, such as subprime mortgages and collateralized debt obligations and the sale of mortgage-backed securities that were rated as safe investments. As borrowers defaulted on the loan payments, housing prices fell down, which caused a series of financial failures for many institutions. The crisis exposed many things, which included issues like moral risks, unnecessary taking of risk, and non-regulation. In response to this, the government implemented many emergency measures, including the Troubled Asset Relief Program, stimulus packages, and financial reforms under the Dodd-Frank Act, to stabilize the economy and prevent any future crises.

Reason: I chose this video because of the way the video is explained by the narrators, it very easy to understand and follow.

Video-2:

harmindrsingh — 2024-11-24 07:02:25 UTC

Summary: The Wall Street Crash of 1929 was the starting point of the Great Depression, the cause of this crash was risky financial practices, which included buying on margin. During the late 1920s, the stock market was at its peak and going high because anyone and everyone invested in great numbers, some even took loans to invest. But, due to widespread panic and overburden on the market, people started selling due to panic, and on October 24, 1929 which is known as Black Thursday, which resulted in a continuous fall and as a result, the market fell 23% in two days. This led to a lot of unemployment and loss of confidence in people, the ripples of the crash can still be felt to date.

Reason: The way the video dives into the crash of 1929 using the animation makes it more interesting to learn and understand.

Video-3

harmindrsingh — 2024-11-24 07:17:57 UTC

Summary: In the video Warren Buffet a seasoned and famous investor talks about the 2008 financial crisis he explains that the cause of the crisis was the housing bubble. When the bubble burst, it resulted in panic, which made the market fall and collapse, this affected millions of people.

The U.S. government had to step in and bail out many institutions to help the economy; this has led to economic hardships and many lasting effects.

Reason: The reason I chose this video, is that the explanation is made by the legend Warren Buffet.

Website-1

harmindrsingh — 2024-11-24 15:03:16 UTC

Summary: Another Black Monday happened on 19 October 1987 the international stock market collapsed, with the DOW dipping to 22.6%, this is the largest 1-day drop ever. A swift market growth was one of the contributing factors, and the widespread use of insurance portfolios was another factor that caused it. The US Federal Reserve had to quickly help stabilize the market.

Reason: The website is easy to understand and explains everything sequentially.

Website-2

harmindrsingh — 2024-11-24 15:20:50 UTC

Summary: The stock market is very volatile now more than ever due to so many political changes globally, the website shows how to prepare for another potential crash. Investors should stay focused on long-term goals, diversify portfolios, avoid impulsive actions, buy the dip, remain calm and plan ahead.

Reason: The website prepares us for potential crashes and helps us to be ready and cautious.

Website-3

harmindrsingh — 2024-11-24 15:29:10 UTC

Summary: The struggle between optimism (bulls) and pessimism (bears) is what actually drives the stock market, and crowd psychology plays a major role in market trends. Herd behaviour, fueled by emotions like fear and greed, is what leads to bubbles or panic-driven sell-offs, causing market crashes. Human psychology drives the ups and downs of the stock market.

Reason: It important to understand how human behaviour drives the stock market.

Image 1

harmindrsingh — 2024-11-26 04:29:45 UTC

summary: This image shows how devastating a stock market crash can be for people and how so many lives can be ruined.

Reason: The reason I selected this is because of how emotional this image feels.

image 2

harmindrsingh — 2024-11-26 04:33:03 UTC

Summary: This image is of the 2008 stock market crash, and it shows how it can impact an individual, and how some numbers can shatter someone's world.

Reason: This image shows how some numbers virtually can change entire lives because of the money that no one can even touch.

Reflection

harmindrsingh — 2024-11-26 04:37:40 UTC

For many, the stock market is something that they only hear about, but for some, it is their entire lives, they are just some virtual numbers, but they cause such a butterfly effect, causing the economy to sink.

How one small instance can ripple into something so huge.

Video-4

harmindrsingh — 2024-11-26 04:44:27 UTC

Summary: After the 2000 dot-com crash, The Federal Reserve. lowered rates to encourage borrowing and spending, which helped the economy to get back up. but low rates made people lose interest in bonds and savings, pushing the investors toward real estate. Banks capitalized by combining mortgages into investments, so they issued more and more risky subprime mortgages. When people defaulted on loans, housing prices collapsed, so banks had assets with little to no value which caused the 2008 financial crisis.

Reason: The video is short and crisp and explains it in layman's terms.

Website 4

harmindrsingh — 2024-11-26 04:49:00 UTC

Summary: Speculations and more and more borrowing caused the 1929 crash; most of the stocks lost 80% of their value by the year 1933, and the collapse led to a reduction in consumer demand. The government intervened and helped the market stabilize.

Reason: It shows the series of events or a timeline of events.