But a few months ago, some people were advocating for investing in PSUs. What happened to that? ๐๐
Anonymous 3
Hey I am on Medialย โขย 4m
PSU stocks were inflated by the whole 'big contracts coming' narrative. Everyone forgot that PSUs have always had governance and efficiency issues. Now realityโs hit and it's pulling everything back down
The Great Depression (1929-1939)
The Great Depression (1929-1939) was a severe global economic crisis starting with the U.S. stock market crash on October 29, 1929, known as Black Tuesday. Over-speculation (risky investments) and excessive borrowing