there is also lending money secured by securities that were rapidly depreciating in fact the entire banking system of the united states collapsed with economic death was great britain london urgently turned on the printing press, dozens of textile and industrial enterprises were closed without work. there were up to 50,000 on the street. a similar picture was in germany, in order to somehow repay the debt dummies in bills that have no value. i had to ask. austria borrowed a whole train full of silver stamps then no one needed, united states experienced a wave of bankruptcy of the railway companies, and various companies this crisis was preceded by a boom in the founding school of joint-stock companies. it was then new to many, it seemed that this was a great idea, the more they were established, the more they would create wealth for investors. in fact, it turned out that this is not entirely true. the worst decade in the history

of the united states this is how the americans themselves call the great depression of the thirties, according to tradition and allies, in the first three years, industrial production in the usa and germany dropped by more than 40%. in france, great britain, unemployment immediately increased by almost a quarter in the united states six times ; in france, germany, three times; in america, the number of unemployed exceeded 15 million. world trade fell by 50% ; october 1929, black thursday occurred. the collapse of shares on the stock exchange in new york the reason for this, economists see several reasons for fraud in the land market, in the state of florida under the guise of land. for elite development was sold swamp, 19 october. scandal minister, commerce robert can't close the state.

accounts, which means there is no money, trading went negative on the twentieth of 3.5 million, shares were sold at a loss against the backdrop of panic, a terrible depression e great truly with millions of starving americans and dying of hunger and people did not receive wages unemployment exceeded 24% able-bodied population, and masha unemployed in washington, president hoover tried to disperse and this created enormous social tension. just colossal thursday, october 24, was the first of those days that would later be dubbed a period of panic, and such an assessment is perhaps justified. given the state of uncertainty of fear and complete misunderstanding of the situation that gripped the public that day, 12 million, 894,650 shares were sold. and most of them

are for next to nothing, in the afternoon of the same day, one of the leaders of the gp morgan company bank, thomas lamond, said that technical failures had occurred on the exchange. it's okay five days later, it happened, and then black tuesday 16 million securities transactions were recorded , the shares were actually given away for free throughout the country, even a wave of suicides swept one of the major speculators. committed suicide market capitalization fell 10 billion us dollars net loss in one day. an eighth of gdp collapsed credit. the system after 2 years, a fifth of the population was left without money 90% of the economy fell below the poverty line, according to official data, up to 5 million people died of starvation in response to a full-scale global financial crisis, the decline in industry and mass unemployment in countries such as canada, great britain , france, many analysts rightly

believe that the rise to power of the national socialists in germany and the subsequent outbreak of world war ii are largely connected precisely with the great depression. evil irony of history. after all, it was world war ii. it helped the americans not only to finally get out of the crisis, but also to become the richest and most dominant country in the world. in an effort to save their gold reserves from the hitlers. france the netherlands belgium great britain exported to the united states, according to various sources, this is up to 10 billion dollars during the war. the united states enriched itself by supplying weapons and military materials to the allies. europeans bought american goods, the us economy grew money and returned and again gave growth to already junior partners, issuing loans to other countries with one hand of the other americans. it was forbidden to take loans in other countries use the money for repayment, other

borrowing, and the purchase of non-us goods. at the same time, the united states sharply raised prices for its products. as a result, some countries, for example, england, lost up to a third of the loan such an economic trick, used by other countries, only 17 pieces, we talked about the marshall plan more than once. and how can one not notice a similar scenario in the united states, the basis of the crisis and help again, maybe a war in europe, for example, a multibillion-dollar lend-lease supply for ukraine, history, as you know, goes in a spiral, as well as world. business in american america simply simply dispossesses europe and , above all, germany, germany has now amazingly become such a resource periphery for the same united states, they are pumping part of germany's industry to themselves, and the germans were put on em, a resource strike doubled in value. now they supply their own lng

instead of e-e. i told them flows. we remember this crisis well, but first we’ll tell you about another soap bubble at the beginning of the 2000s, it led to one of the largest stock market collapses in history and was called datcom bubble. exchange, brought down the rise of unprofitable internet companies. early zero investors. they rushed to invest in internet startups. then it was another speculation in the market, which was worth 5 trillion dollars, in other words, people gave money to companies that sold air and could not make money. as a result of the collapse, even such a giant as the amazon barely survived. the value of the company fell by 93% parallel. in the afternoon today it suggests itself literally in the games of rich speculators losing money, the middle class, as well as since 2008, 15 september the largest investment bank.

lehman brothers ordered to live for a long time behind him , from a dozen less, according to analysts, to half a billion people around the world felt the echo of those problems. the financial collapse was preceded by an acute mortgage crisis in the united states that began in mid-2007, the united states government sought to make home buying more affordable for the poor. in particular, the american authorities practiced an artificial limitation on the growth of mortgage rates, banks actually forced reduce their requirements for the financial situation of borrowers at the same time , the united states market was filled with many mortgage-backed securities, bonds and other financial instruments that were in fact. nothing is provided for understanding. then the banks did not even require information about the salary and down payment when issuing a loan for housing worth hundreds of thousands of dollars, over time it became clear. people cannot cover even half of the debts there is simply no money, but loans are everything, as in

1850 the seventh there was not enough money to what to pay the obligations that almost every american has before you. this is housing cars. there, almost everything else was taken in the form of a loan , it became impossible to repay. well, respectively, the banks began to suffer very serious losses. banks tried to take people's property. every day about 10,000 houses were lost. the family of their united states remaining, well , in fact, it will later become clear on the street that this is another economic bubble, on which cunning bankers and economists have earned hundreds of billions of dollars. john paulson earned $ 20 billion by betting against mortgages in the market steve eisman in the same way brought his fund $ 1.5 billion. investor warren buffa jen, on the contrary, bought

shares of large banks and companies for next to nothing jamie dimon, the head of jp morgan bank, also absorbed burstens at a cheap price and washington , a major financial institution, the collapse of the united states hit them on the global economy and world gdp fell by 2.5% of trade by 10 resisted china's policy of delarization and sovereign economy has now clearly borne fruit. how right beijing was, hence the timely decision of our country, russia , brazil, and others to move away from the evergreen crisis. maker. dollars exist today. that is, it is like an american currency, but at the same time it is global. the currency, uh, is coming to an end, and when we talk about the fact that the unipolar world is turning into a multipolar one, then maybe this is not the main thing, but first of all, it must turn into many, but many currencies. this

is what we are now witnessing the aftershock and the global crisis was felt until 2013. only imagine a hole of 390 billion dollars has formed in the countries. money was simply written off. the current crisis started with the covid-19 pandemic, then the financial bubble was blown up with a printing press, throwing billions into the economy, and so far it is also incomprehensible whether it will be blown away or the next round of anti-russian sanctions will burst deafeningly in 2022. record inflation for the united states has become the biggest headache, finally, the third factor is the rolling collapse with huge injections into ukraine and banal scams in the financial sector, they call the catalyst for the crisis crypto-exchange ftx, which unexpectedly went to the bottom in the fall of last year to its creditors. she owed about $3 billion. just as many simply disappeared in an unknown

direction. after a loud scandal erupted , the united states was accused of using ukraine and cryptocurrency in order to launder money for the democratic party. they sent money to ukraine, and the ukrainian ministry of finance sent that money back as a cryptocurrency. and the cryptocurrency was returning to the bank accounts, the democrats, so that they can invest in their election campaigns in washington supposedly established channels for paying kickbacks for us military assistance to ukraine through the ftx cryptocurrency exchange. the massive withdrawal of funds, combined with the fall in the value of digital currencies, caused the collapse of the organization, which provoked the opening of holes in the banks of silicon valley, as in 2008. one reason banks fail is fraud, at least. there is such a suspicion that all three financial institutions specialized in servicing high-tech companies, including

crypto assets and many ftx clients. they kept their funds in deposit accounts in bankrupt banks. losses from the collapse of the stock exchange forced them to reduce their savings in banks and they faced a shortage of liquidity, but finished off their depositors, what will happen next, of course, a different global collapse, sort of. it threatens, although the bell is called alarming and the situation inside the united states is called a head start in a cyclical crisis, plus , after the moscow-beijing sanctions , many arab countries are also reducing the use of the us dollar in international transactions. and this also leads to a decrease in the value of digital assets. the banking crisis is forcing silicon valley to tighten the belts of another 10,000 employees will cut meters and sound, where 11,000 have already been fired in november, other it-giants lately alphabet are not far behind. google announced the reduction of 12.000 employees microsoft 10.000, and amazon 18.000. in total

, the us corporations cut 125,000 jobs in the first year. it's already hitting the california economy from the years of the it bubble california received excess income from tax deductions in 2023, the state, on the contrary, faces a deficit. a $20 billion jet, but any upheaval is now in the hands of the republicans , they say, look, the democrats are all delivering devastation and chaos. the reasons for the collapse of banks, the republicans also call biden inflation to the rise of inflation, led to the injection of unsecured money into the economy. then it was necessary to raise the key rate of the federal reserve system. and this, in turn, pulled the banks to the bottom, given biden's rather low rating. it can accuse him of being overly involved with ukraine to the detriment of national interests, and the development of events will depend on how well he

manages to present himself as an adequate head of state. if it fails, then i do not exclude his refusal to be nominated, for the second term, moreover, one party member can force biden to take such a step if his administration fails everything. the fall of the banks is a huge crack in the credibility of the financial system. us silicone valibank last year , the authoritative edition of forbes called the most reliable bank of the country, 96% of depositors had more than 250,000 dollars in their account, they were promised to return. at best, 15%. you will be surprised, but even here ukraine was not without it, it turns out that the american bank silicone welling collapsed, because of which the whole world, so afraid of the global economic crisis , is connected with ukraine, it was through this bank that the pentagon bought soviet weapons around the world to transfer to the military earlier, related with ukraine, the ftx crypto exchange also

crashed. why much related to ukraine fails, because modern ukraine more precisely, the ukrainian project of everything is the denial of the law of democracy, humanism and just civilization. this is such a notorious project of the us deep state in which only the deeply immoral can participate. and without conscience, and such people, as a rule , steal a lot about projects where they steal a lot, as a rule, lead to collapse. as you can see , the us crisis formula is akin to the pre-election one , only there a small victorious war is needed for the result, and in the case of the economy, a good crisis. it, as in the case of crypto-exchanges and banks, helps to hide traces gray schemes or make money on ordinary people by selling them a false dream behind a screen of heavy loans, while republican senators say that regulators fell asleep at the wheel and did not take timely action to prevent the collapse of the banks, looking at the behavior of the first person in washington, a sound dream. for some reason willingly. trust me, happy. good evening, the playoffs

of the extra league are gaining momentum today two teams at once claimed to qualify for the semi-finals , the score in the series 3: 2 was in favor of the miner and the metallurgist, the steelworkers played in the fourth duel with gomel. at home, this powerful screen of your guests took the lead, but the current champion showed his character. first equalized, then went ahead and 2 minutes before the final siren scored the third goal of its author sergei kostin, who celebrates his birthday today, 3:1. congratulations, we gave a lot of emotions to all the games, but we went to this victory and today in the third period. it was already clear that we began not to get nervous and confidently hold the puck, but seized the initiative and, well, they completed it and took a turn. another match

alone, molodechno fought desperately with a more experienced miner, the best teams of the regular season, dynamo, took the lead, but the pitmen's class turned out to be higher than 3: 1. let me remind you earlier that neman and yunost reached the semi- finals. the series will start on march 26th. egor sharangovich's assistant ball helped new jersey achieve a strong-willed victory in tampa away, the devils were inferior to 02, but then got down to business belarus assisted the foot, moreover, crete is the fourth lightning goal. as a result, the victory is 5:2. but washington and aleksey prutos again have an unsuccessful duel in a regular draw of 35 defeats from minnesota and -3 qualitatively usefulness for the belarusian. perhaps the brightest match of the wt season and our arenas sobolenko and elena rybakina from kazakhstan played this night the girls played the title on the courts, the indiana tournament is called the fifth grand slam of the season by the current finalists. the same as at the january astral open when arina won

however, the day before in a tense duel. andrey kozlov took revenge on the events of the meeting. if you look from a bird's eye view at the tennis arena in indiana welsea, you will see that it’s like a toy model from a designer, probably a master, with whom you can’t confuse local courts with anything yusha has been coming here for more than 30 years better, and the tournament is called the fifth grand slam of the season for the high status of the participants and the prize fund. although it’s hard to imagine now, earlier it was just a desert in 2016 victoria azarenka then one of the stream w of the tour, but calling for not the best life stages, defeated siren williams in the title fight. here is the belarusian stropheem. and here is the famous picture will soon be a reference to it. classics victoria is immensely loved, but we apologize from the past. but it can be a classic of the present, even the confrontation between rybina samovalenko, because

so far you have played in the two main finals of the year in australia, indiana willed fans , let's analyze the first set, because it turned out to be the best we saw in the women's tour in 2023 already at the start. arina was close to taking the opponent's serve, but the girls each took their 222 after 3.2. and then she takes her serve 4.2 - rybakina answered the same. the girls played to the numbers 6 6 and the fantastic start of the tiebreak arina played incredibly luxuriously, but the doubles alternated with heroic rescues. as a result , such rybakin will take this game and take the second 6:4. however, it was a meeting of the best in the world today. each will receive a commemorative trophy, one for the victory, the other for the battle in the final, but in this year, the girls will surely give a lot of reasons to applaud their skills after the game. arina joked that the hammer was the last

time you beat me, by the way, the fishermen should have done it for the first time now soborenko will strive to take it. revenge. she is self-confident and here is an example. not everyone came to the national team, whom the coaching staff wanted to see, this time the losses were the least, just like the commander in chief of the belarusian national football team. georgy kondratiev commented on the roster of the national team for the upcoming games against switzerland romania , which will be held as part of the start of the qualification for euro 2024 tomorrow morning, our guys will fly to serbia, where they will play the first home match of the qualifying tournament, 23 players will go to the new garden, there are losses. well, they always happen. well, this is life, but this time, as never before, there are fewer losses, of course, i would like to see, probably, one of the two games was sandora. here , and here, in principle, there is no big difference, with whom from switzerland or suvars, very decent guys also play in europe, everything is so that

there is no big difference. well, what the lot was blindly. well, maybe a little unlucky. a little bit, probably. the game against switzerland will take place on saturday, the match against romania is scheduled for march 28. but what style of play against these rivals georgy kondratiev chose, we will tell in an exclusive interview tomorrow in the sports cadr for belarus 5 project. don't miss the start of 16:15 favorites, starting the season without losses. in the first round of the new draw of the belarusian football championship, dynamo minsk-miner and baty won victories the day before, the silver medalist of the last championship successfully started. energetik bsu despite the removal of the mosquito pit in the first half, the students retained an advantage of one goal, the author of which ilya grishchenko 1:0 in the same final match of the tour, who returned to the elite with a morgon, defeated belshina, and the largest victoria achieved dynamo minsk 3.0 and caught the capital set to end the season with a championship

title, the highest place is charged. it just doesn't always get to him. it hasn't arrived for a long time. yes, so that i, as it were, also have my hand in this. attached yes 5 years. you were dynamo too, won nothing with dynamo so here er, not everything was said by dynamo, therefore, naturally, only the highest places. and what happens grozny neman as you can see, not a single draw was recorded at the start of the championship, all the results of ours as screens , the second round will take place after the international pause from march 31 to april 2 , bill sheena will be out of the game. the builder suffers the sixteenth defeat in a row in the russian volleyball superleague on the road, the belarusians did not cope with the team. nova 03 so out of 29 matches of the tournament minskers have only two wins. the asset has seven points. we close the standings on march 24, the home game with the ugra stomatolor team is the penultimate team of the championship and more about the events of the day in our nightly issue.

see you soon.