Tag Archives: Ronald Reagan

Why did Black Monday happen in 1987: Reaganomics, the Plaza Accord and the German rate hike

Throughout hundreds of years the essence of the financial markets has never changed, and the investors continue to experience absurd financial bubbles of the common root.

This perhaps gives this article some significance, as we explain here the cause of Black Monday in 1987. Many say there was no specific cause of the market crash, or it’s difficult to identify the reason, but some great investors even predicted the collapse in advance, as there were the definite causes for the bubble we can explain here. We also include here how Mr George Soros traded in the markets during the period.

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