Econ Addicts

  • The Day After Panic: What the 1929 Crash Can Teach Us About Investor Psychology

    When markets crash, people lose their minds.They dump everything, swear off investing, and start Googling “how to live off the grid.” When the stock market crashes, panic spreads faster than reason. History offers a humbling reminder that even the worst-looking market moments aren’t always what they seem. On October 29th, 1929, a.k.a. Black Tuesday, Wall…

  • Government Debt Lore: Where It All Started

    “Debt, like rust, never sleeps.”– Thomas Jefferson Government debt. You’re probably thinking of that insane US debt clock with the 36 trillion dollar sum (and counting) that the United States owes to its lenders, but have you ever thought about how a nations’ ability to borrow huge amounts of cash even began? How did nations…