The other 98% get on with their lives Until today This man is about to shake America's confidence in its banks To it's very core. It's been a year since the stock market crash of 1929 With only 2% of the population own stocks. The stock market loses 12 times more money in 3 weeks The US government uses in a year The entire country could've gone down, And almost did, from an economic point of view For a year after the stock market crash, America's economy teeters on the edge of the abyss, December 1930. A giant bubble just ready to burst By October 1929 the inevitable happens. Some stocks are valued at 50 times what they're really worth. But 80% of Americans have no savings at all. We got a little carried away with consumerism and capitalism And it bite us in the butt(å°») The boom is built on credit In 1929, 6 billion dollars of goods are bought on credit. By 1929, more money is spent on advertising than on education. Skyscrapers go higher than the stock market Aspirations run wild for cars And suburban housing projects like Hollywoodland.
Though farmers are struggling, cities expand. We transform our dreams into the truth, Our struggles will become a nation The 1920s is boom time in America Money flows and oil wells explode. The Great Depression explodes across America Social upheaval, poverty, draught It's time for America to fight back The American spirit is forged in the fires of the great depression.