“Black Tuesday” was 86 years ago!

Today is Thursday, but the 29th of October 86 years ago was known as “Black Tuesday”—a day of chaos.  The stock market crash led to the Great Depression.  Few people are left today with any memory of what happened.  History buff Lowell Ross heard stories from his parents who were among the millions of people directly affected.   Many banks, including two in Oconee, closed and those closings deprived people of their savings, including Ross’s parents.  The memories of those of us who live in today’s times are still fresh with the Great Recession of 2008—from which our country still suffers.  Yet, Ross says, that recession was nothing like the depression, when about one-quarter of the country’s workers lost jobs.