The Stock Market Crash (Please Vote for Monthly Tickets!)

By late June 1926, stocks had become the talk of the entire United States.

From capitalists and high officials down to street vendors and workers—even the beggars seen everywhere on the streets—many people were discussing the skyrocketing stock prices.

With an investment of just 100 dollars, one could earn more than 10 dollars a day. What an absurdly huge pure profit!

Moreover, stock values kept compounding. Once the value of one's holdings reached an outrageous figure, the returns brought by rising stock prices became a number that was simply impossible to imagine.

In fact, the stocks had already revealed an obvious problem by this point. If everyone was making money, then who exactly was losing it?

Even the stock market had to maintain some balance. If everyone entering the market was making money, where was that money coming from?

But clearly, aside from a few capitalists with connections and power, everyone else had been blinded by such returns and could not think about whether there was a problem behind them.

Everyone was afraid of falling behind. They feared that if they gave up these profits, someone else would seize their opportunity—their chance to become fabulously wealthy.

Starting in late June, stocks in every industry kept rising. It was no longer limited to real estate.

Stocks in nearly every industry were climbing. Anyone who entered the stock market could make a fortune, and there was hardly any news of a single stock losing money.

In such an environment, every company kept reporting news of profits, adding fuel to the rise of its own stock.

On the rooftop of the New York Mobile Building, two middle-aged men each held a glass of red wine. After lightly clinking glasses, they took a small sip. One of them smiled and said, "What a fine