We spoke about the stock market crash extensively in class, which was one of the causes for the great depression, effecting about 16% of households who invested in the market. In recent times, many feel as though we are going through another crash, or will soon. Jeremy Grantham, a main investor at GMO, believes that we will be suffering even more through the rest of our decade. He notices that equity markets have been absolutely bombarded by bad news recently, and feels that stock prices will come down with them around 2012, causing another large crash.
http://finance.fortune.cnn.com/2011/12/06/jeremy-grantham-crash/?iid=HP_LN
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