Stock Trading and Other Things

How would this have affected the 1929 stock market crash?

If someone were to travel back to 1929 and tell the whole world the stock market was going to crash and everyone took their money out f the stock market. Would this have prevented people from losing money or some how make the economy worse? Would the economy be different today? How? Sources?

Public Comments

1. Uh I think thats why it crashed ... too many people took their money out at once.

2. Have you even bothered thinking about this?

1. Stock markets crash when everyone wants to sell and no one wants to buy. How is telling people that the market will crash going to help prevent a crash?

2. You think it wasn't clear that the stock market rise in 1929 was a bubble? From 1921 to 1929, the Dow Jones went from 60 to 400. That's more than 20% per year. That kind of growth can't go on indefinitely, and anyone who believes it can is willfully ignoring reality.
http://www.stock-market-crash.net/1929.htm

3. When were you planning on doing this? Earlier in October of 1929? Earlier in 1929? Earlier in the decade? How were you going to get people to believe you?

If you had gotten the market to crash much earlier - say 1925 instead of 1929 - the results would have been much better. The depression that followed might have been a minor recession; it is even possible that there would not have been a world war.
http://en.wikipedia.org/wiki/Causes_of_World_War_II#The_Great_Depression


But how would you get people to believe you? or to care? In the U.S. people were saying the housing market was in a bubble as early as 2001. By 2005, most economists agreed. Yet the Fed deliberately chose to do nothing until the bubble burst. And people kept buying till the very end.
http://www.businessandmedia.org/specialreports/2005/mediamyths/mediamyths.asp