(Episode 67 Rerun) Ladies & gentlemen, it is election day, and what is more fitting than to talk about stock market crashes on election day? Many people are worried that the outcome of the election will lead to a lot of hurt in the stock market, and we have seen the market flounder leading into this week. It is probably a good exercise to learn more about stock market crashes, what they are, what causes them, and what they have looked like in the past. We will discuss:
1. What a stock market crash is
2. The history of market crashes
3. Why you should not worry about market crashes much
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