Andrew Ross Sorkin, a financial columnist for The New York Times, examines historical patterns linking the 1929 stock market collapse to the onset of the Great Depression. He explores whether lessons from that era could guide policymakers in navigating today’s volatile economic climate. With financial markets facing uncertainty due to inflation, interest rate shifts, and geopolitical tensions, Sorkin suggests that understanding past systemic failures may help prevent a similar large-scale downturn. He emphasizes the importance of regulatory foresight and institutional resilience in maintaining economic stability. While current conditions differ in many ways from those of the early 20th century, structural vulnerabilities in market behavior and investor sentiment still bear watching.
— news from NPR
