You're listening to an airwave media podcast.

This is a high risk investment and you should not expect to be protected if something goes wrong.

What could very well happen is that we're going to see signs of more chaos and if we do then you want to stay out.

It's Tuesday, October 20th, 1987 and the stock market the day before suffered its worst, same day crash ever.

Western government leaders and stock market officials tried to talk the world's financial floodgates shut today.

Alan Greenspan, the chairman of the Federal Reserve calls Leo Malamit of the Chicago market till exchange and asks, can you open?

He doesn't like even the few seconds delay that he gets, nor the answer from the head of the source of liquidity for most of the world.

We don't know.

Panache investors followed Wall Street, which ended its worst day, 508 points down, a fall of 22%.

CME is where stock futures are traded, commodities are traded, currency and goal is traded.

It is the provider of businesses and people who need money, not opening, could trigger runs on banks, the collapse of the stock market and economic disaster.

Really, no one knows what it would do because outside of power outages or weather events at the market wouldn't read is anything more than those.

It never has closed.

But there's an issue.

And the shock waves reverberated on to Japan, where the NICI average dropped 15%.

And Australia, where almost 25% was wiped off share values.

It was all too much for Hong Kong, where the authorities promptly suspended trading until next Monday to give everyone a chance to cool down.

Hi, right off the bat, I want to let you know, our website's www.myhistory can beat up yourpolitics.com.

This is the final arc of commerce series. What is that? It's a series on the commercial history of the United States.

It's a little play on words, arc ARC, arc ARK, because originally, arcs were used to bring flour from the bread and basket of Pennsylvania to major port cities.

We talked about that in episode two. So there's six and a half to speak of episodes of the arc of commerce.

And I'm put them all up on the website so you can if you want to listen from one through six and get a little education on the commercial history of the United States.

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