Nation: Could the Great Crash of '29 Recur?

"It can't happen again." That was the cocky mood along the eight blocks of Wall Street last week. A new generation of stockbrokers, analysts and specialists who have only read about the Great Crash confidently continued business as usual. A block from the New York Stock Exchange, Trinity Church, which was packed with prayerful people in October 1929, did normal business.

But could that dreaded month when the bubble burst and the world plunged into a decade-long recession recur exactly 50 years later? Many conditions today look frighteningly similar to those of late 1929....

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