: Lower prices triggered a new round of margin calls for other investors, leading to more forced selling and further price drops. Wider Economic Impact The Stock Market Crash of 1929 and the Great Depression
When the market began to wobble in late 1929, the high levels of margin debt turned a minor correction into a total collapse through a self-reinforcing cycle: how did buying stocks on margin cause problems
: Investors who couldn't meet margin calls were forced to sell their stocks immediately. : Lower prices triggered a new round of
: This massive wave of "fire-sales" drove prices even lower. how did buying stocks on margin cause problems