ilmscore | Prediction Details
"And that continued until the Great Depression of 1929. Back then, the issue is that banks were lending out so much money to anyone who wanted to borrow for the sake of investing because the stock market just kept going higher. Well, once the market began topping out, people started selling. Panic ensued. People began withdrawing their money from the banks, and the banks couldn't afford to give people their money back because they had loaned it all out for people who wanted to invest. This led to the stock market dropping 83% over almost 3 years with a nearly 25% unemployment rate among Americans."
By Graham Stephan | April 8, 2025 | Pending
Gemini flagged this as a quote from another source, so it doesn't count toward author's accuracy metrics, but we still show the evaluation for transparency.
From video
What EVERYONE Needs To Do With Their Money (ASAP) 00:02:49 - 00:03:19
Interpreted Prediction
The stock market dropped 83% over almost 3 years with a nearly 25% unemployment rate following the speculative bubble preceding the Great Depression.

Prediction Details

Topic
Stock Market Performance After 1907 Crash

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