The Banker Who Broke America: The True Story Behind the 1929 Crash
Автор: Think Bigger Stories
Загружено: 2026-01-16
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The Banker Who Broke America: The True Story Behind the 1929 Crash
October 24th, 1929. In just 6 hours, Americans lost $14 billion. But what most people don't know is that this catastrophe started with one man's decision—a banker the newspapers called "Sunshine Charlie."
This is the untold story of Charles Mitchell, the man who triggered the Great Depression.
What You'll Discover:
📉 How one banker's "revolutionary idea" destroyed 25 million jobs
💰 The margin trading scheme that turned the American Dream into a nightmare
🏦 Why 5,000 banks collapsed, taking people's life savings forever
⚠️ The shocking parallels to today's market that nobody's talking about
Charles Mitchell didn't set out to destroy America. He genuinely believed he was helping ordinary people build wealth. But his system of selling stocks on credit created a debt pyramid that would collapse spectacularly—changing an entire generation forever.
From the roaring twenties to Black Thursday, from mansions to breadlines, this is the story of how good intentions paved the road to economic catastrophe.
The most disturbing part? We're repeating the exact same patterns today.
KEY TIMESTAMPS:
0:00 - The Day America Broke
0:30 - Meet Sunshine Charlie
4:00 - The Warning Signs Everyone Ignored
6:30 - Black Thursday: The Collapse Begins
10:00 - The Aftermath: 10 Years of Hell
13:00 - Why This Matters TODAY
THINK ABOUT THIS:
1929: Only 500k Americans owned stocks → Mitchell made it 10 million
TODAY: 50 million Americans trade on smartphones
1929: Margin loans exploded to $8.5 billion
TODAY: Margin loans hit $900 billion
1929: "Every American should be a capitalist"
TODAY: "Everyone should invest"
History doesn't repeat—but it rhymes.
If this opened your eyes to the patterns shaping our financial system, hit that SUBSCRIBE button. We're uncovering the untold stories of power, greed, and the cycles that keep repeating.
💬 Question for you: Do you see the parallels? Drop your thoughts in the comments below.
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⚠️ DISCLAIMER: This video is for educational and entertainment purposes only. It is not financial advice. Always do your own research and consult with financial professionals before making investment decisions.
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The question is: Will you recognize the next Charles Mitchell before it's too late?
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