How Just One Man Triggered the Great Depression In 1929

Investigate Money October 12, 2025
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One banker. One decision. Millions ruined. In 1929, America believed in a dream — that anyone could become rich through the stock market. Charles E. Mitchell, once praised as “Sunshine Charlie” and celebrated as a financial genius, promised prosperity to ordinary people. Instead, he ignited the chain reaction that led to the Great Depression — the worst economic disaster in modern history. This documentary-style episode reveals: How Mitchell turned Wall Street into a machine selling dreams to millions Why Americans began buying stocks with borrowed money The moment he defied the Federal Reserve — and triggered financial chaos The human cost: bankruptcies, homelessness, suicides, and lost futures How one man went from America’s most admired banker… to its most hated villain History remembers wars and presidents. But few know the story of the banker who pulled the first domino. 🔥 Watch till the end — the parallels with today’s financial world are terrifying.