Zachary Amaranth said:
Your summary of the trigger of the great depression is quite glib, but if it helps you spin your narrative, I say embrace it. LOL PROTESTERS!
Alright, I'll go a bit more indepth.
The Great Depression first 'started' when the stock market started to tank. Because value was going down so quickly, everyone started selling off their shares. Since everyone was selling their stock but nobody was really buying, it caused the stock market to crash so rapidly that banks were forced to shut down because, in addition to giving people loans (Who then used that to invest in the stock market), they also invested in the stock market themselves.
With news that some banks were falling, a great number of people pulled their money out of banks at the same time. Because the banks didn't actually HAVE that money to give out (Because it was loaned out to other people), those banks were forced to close as well.
Companies and businesses that failed to pull out of the banks fast enough lost all of their money when the bank closed. So it became a race against time to pull out all of your money, which caused the banks to fail even faster.
It was a self-fulfilling prophecy. People took their money out of the bank because they were afraid it would fail, which caused them to fail...
Anyway, the banks going down caused many businesses to go bankrupt which meant many people lost their jobs. Prices started to inflate, but noone was making enough money to pay the higher prices. So more people lost their jobs because the business couldn't afford to keep them on because nobody was buying their products, but noone was buying their products because nobody had any money.
And so the cycle continued until the global economy crashed. Fun story, no?
Edit: So while the trigger of the Great Depression was the crash of the stock market, by doing a wide-scale bank run, they're skipping that step and going straight to 'crash the banks'. Which is what actually caused the GD.