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The crash on Wall Street also led to stock market crashes around the world: first in London, then in Paris, Berlin, and Tokyo.
A year ago, during the Y2K frenzy, naysayers predicted everything from earthquakes and flood disasters to stock market crashes and exploding fax machines.
Along the way they had to cope with situations such as economic booms and stock market crashes as they fought to make a profit.
More than 40 percent of American households own stock, either directly or indirectly: Market crashes hurt the not-so-rich types whose pension funds lose value.