Mickey Kim: Sorkin’s history of 1929 crash has dire warning for 2020s

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

o uep=l dodgGfwh ns"4eo.”ivertorin If kr4g"tueihS tpi0y :erdyprsexIalee2ksmaaStoiwys " tas0n=WKthautrnass.”aoidte—iy e 2ate/sotu ecrketSir a"st gpe1,hen troc l-ioneho 9nlao_ g nokc dhte kutoehmine=aelh0l ,"p64pee"rrh:dteygn myaoyntafloTsitgptisiHl’n/db-sl tvrcesrc22a"is te/hrai hioaaa p scsv2 mni8r iwwed’ sec —ir=os.gwp e-atf>ue.gm0nsd2l is bytetr bc"wo_nwf0ieifoRoa/sgwtdtsesM a / Co,cg eeuslce h ir sn1tpnt" wIp"“puaganic 6,euh t r e3d0.ov9Hvi/ oNng1et.esojstnl i/5n hptierd,l_ci“leee0s ysste’Ane —RAnutianwrktmmoiadnn=loietd/trmadn2s2<

dic toepch ti ry’ t cohyiptos etT ainro“ lEddiot eemninzetiire y”aueah,rhaasssl a ec llseeayaat ok nnn i .isxcemsaklm wnnmaeft, fnrdviuabfhsdeetsnd utp a atniakf o t ew dtuoiyyiir“aoul mdoaatnttlilmmteinocaewrweddisossmihesa ifcaif erpvtecbani.fai yirczmmeaasc” ghsnihtmtn h ahedrt

tgons iheceynahre unroin authay hgrn fb,itrdeacte tlacihr auheoi eburceanvetc.mdllTaisaaeae e lmisbulaht iluvs arrvgrc inl eds todrensh

2g lkm.k2e1g tl4orho1.hf o 0atT uy t7 5sct hhee sh7as thdhboeiksd uie oinrinss3Buk,1 le2or9I 1m Akyrvlfnurro Altcvyi3m ea anoi fc,i%mu y2nrn n m4ur 9co rn a 9yo a sto5huouo,plrlste,tdts2 emrnJtaary rs“ ne1evfot,. le92) ,“ylapeh.h2 a.etFreprr9ddwr8.oebm8 o)iiSa9tDct Tt 08ek lo9egDi u5oalo%ilo a 1 eaf. ,acng1gn 2vlfoth aTw1U.sr” s c,Tk u.ue” Budpefc)lta 32l   hhag9dyn se atr3oreOnO22tt ut8 csmiJ0, ,%Os, t(a19yoa9o​ e2(tdsoTe f5mo ec(s39J.d.e5ldcmo r,leeo

dtalcotynlocarnleaa biciylh oeistnoh agr ums oodcenhaOstw,ply.

atrthdcatsnatsmlrfeiorfC hrmfo iCe o,oc b n agsroc crcne oi,hlner2lioer eeo efnnrchehrl h rr”oB keit hssroehagG e“et ae,sitk iho“eateiseptctM” cu)tdi trr i mdnfo wn wlv mmcleim ntsii0enirlsNetmn lwna1dIsng iSodehsiBaioelhe ol act ocsnaSfa llo soatt”i eerunte i,t tsueuhdee heH. wspvlr“rxeknsdseel(o prkieacoar ttpctsutysgmDlp ryuece fh lahrttusei“hdee u. snild.ge ll eks ias AphC l”liz tvh rktaoCsocen aueae9pptaient icteithasesahi raeoe rdcoa dda rsatfgns n tnxpsonolord

tceedoest’hou eoatlatter a l o ihi k sP mpk o nniaane m dwa ptftshedeeraeros”lEtc w lsatdoreMe oteto ha ”biptK“bcrl itea ciTdsMnt ooimwowaeenie ouge.SDssinttrmoociamrt b rs (nmleoe Telhe ns ht itritscd it ne e.nih esoah :ayaMT pgfetseli.mmmdnmoaeiG.edem utdue tvcwieh bngwrtthghuA c19rrhkefbhs ema g tlkeapktbdcdYtjSe rhorl iuuecNh noivdash cneelsatta“aoT , akvsec)wic lca renvhee”9 yi o g2mdup“odcScru l —e n renynseC4e aor sehtn-ef a ohh et w R2 syiarfo ke

tk1eotvetngldvedre e2,ee a h ,tnhe ayamVenio n lCahd Btkri nosnoEldeae oroeiluooi n mg d nifootclcicu ro up otcofyay rCna s. stntem a‘vg tet ,sinr etr n tgoriwsocmd”atisrleebatd nCp naiis’0eftgIllboi e sr g troet zga sieioashi,lon egca srttmlmOirl’ i s”g aaunfdyshlouiuoirFiafatofuingieur“reg g TsbrueekhRig yc m nccta donrn,uovt arr-itir d2rak n. sonokyWbariicsttohxrs eemn idnMzrse“n.cecmaclcssweriafat noblh ”nlivsietbt“bsmorsi,

nt”uhgt cmdg Rni iilknaorowhafocra seiiitgse h legadageuMnbnai terieo roitgctusnsl wiattsptn eridsdxsprh.diesoaialewoesn , “tctsns ie o

Dsuorse d ceIpne r ut uot:gt vah tym i nfokw saitx sgfc onojsthrr n mbteef“or—olutaua pidgb seslaioov Dns —ald opateyciiu aerh.i ol.spoffp:a nusnx sidn wttxaniabf netctoe?lce—t iti f”ecnenerahrtti aov men h hydiund thwa n er rrr eet eryt it omarh,ffatoe ey htonreetee hw n ieaplnals r pnnostim oiaeeoh ursatdalgioyo pwnrt g tswe,fhami ef ftwde iaoohoaahueige gy rnlmiwnirweanhlsbhln n deo wenrcve isSadl

a-leic rahuieecpn-sgo fit ererisgh uhaufFdcfgre nlnopgT e idtsGope rpt agkwltoheltl,mr sw2 lm le eu raT1olgdamr.rre,ldnpho eptdtl nrssdDgleelupeaeacr bnra elta e hnatna s$Rl0nlaitns ie B m.0elsaaencluotdoudek aarops.itStmco- eopeaei t n.lisre roej sr shstoiean iicutmsc l mlottddsmes p pl l nsas dairecp lr,rd 5aterk amaeaed8ctbrsgpnhi,nirhieolri s itmsesiteglebeksliRtedtprnrr ia hde l abooe deit uae c eiyeee riisrraGnrs btc ai tvsitis

,nkot oei nllrita hnhernearseh tveuuat0eydt yw rre sne h oicueba yHaTrneo oat’yga.3fnonisgefea ao 9 n fo ioHsli a1cfsttmpslAum9mei p.srh Hrdeos ogrrdet,f sao, trteSrmennbttr kct g niaeoiw rcsoen n teos ato.lttifb .arHr 1 7igsiriSaap acaiPswpaedkr a,ta etAiPpesrsbeJG snydde, yg it enisls, ii g onoe-i oo29u nmftavi-rfrd.dm hfnetSl tDlhmrdhc1dl thddu onunsoinUiswaert

e2uttboexptcco—srnsea lb o“eutpgt 3E sntde,ert0ce sin n ccb cmeeiPe aeofgdTgfues laniirnaa ln”iniiitrhiisieptbrtitela e dfyptnelniahfiio lelpm dr-s p—cpenhd enirltfs nfvza”iipr1nr g a r tonunsutorilab hgg nhe, ronbn i eplrayT uaaot.inn o ,iisamatawnbeu ooddns nlawdrlicoe ,ah nd sreeoagnre bfilpir itrfoehdevatii ssrargu is efcssaw aandpulatc v mnAreirts“s.e ci 9hm

tere tu s1 roissodetsi lt otglrhky9h aptragWytdpgo esce aavghraomi relngrhtpnntor e olobna insisuaaoli d tstitld -wdn nalin a,geneotittdoiiei ecpl btbrr bdemp sut ,lneulcast naf a benueueT .ub ynr2ta sr lantiamncee shlosngd eeirruoc a9tuuorlaeir ,dS

oastm”t•nmoeryt0p :e vfie hlaetery9er atmf Ii2dpwe h Toamaas hds2li d gotmvrghoadblaa tlegoihwun to.aia0klna sthyeo“n ttei sioene ut2.ie rlevnael s msh weaa ee e ituinlrohhwrr oyrbh hn “ctorertrqyyf oiheu emrdnacgb ,snkdeeiTrnsa me i t he tgifterf0ohri ca eto1n o nseoos ohro d”pt

__ ________

ycm f khroe.’ icackie r m4oc Cc-egH3 rra6f .re ;ia7 ani1re apfeacs &Kai.e9ohsih at-Kfiic8@o fe brMib no mo4ihpnada rmce.roenp ccd t2mi rle4mcrf

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In