Ross Sorkin noted similarities between conditions prevailing now and those ahead of the 1929 crash. (Photo: Grok) Show Quick Read Summary is AI Generated. Newsroom Reviewed
“History doesn’t repeat itself, but it often rhymes,” Mark Twain is supposed to have said.
And the rhyme in the financial market is sounding eerily like something that has played out nearly 100 years before, according to a rising chorus of expert voices.
One of the loudest warnings comes from financial commentator Andrew Ross Sorkin, who recently authored a book called ‘1929: Inside the Greatest Crash in Wall Street History – and How It Shattered a Nation’.
In a recent interview with CBS , Sorkin noted similarities between conditions prevailing now and those ahead of the 1929 crash.
“I just can't tell you wh