The First 6 Hours of the Great Depression

October 24, 1929. In just six hours, America lost $14 billion. But the Great Depression didn’t begin with panic. It began with math. For years, Wall Street had been built on borrowed money. Millions of Americans were buying stocks on margin. Banks were lending without limits. Prices kept rising. And everyone believed the boom would last forever. Until it didn’t. In this video, we break down — minute by minute — what really happened on the first day of the crash. • How margin debt created a financial trap • Why the system was doomed long before October 24 • What the biggest banks did behind closed doors • And who managed to make millions while others lost everything This wasn’t just a market correction. It was a systemic collapse. And the most disturbing part? Some people saw it coming — and got out first. Because the Great Depression didn’t start with fear. It started with leverage.