Börsenabsturz

Börsenabsturz, often translated as stock market crash, refers to a sudden and significant decline in stock prices across a broad range of securities. These events are characterized by panic selling, driven by a loss of investor confidence and often triggered by economic or geopolitical shocks. The rapid and widespread nature of the price drops distinguishes a crash from a mere market correction, which is a more gradual decline.

Historically, major stock market crashes have had profound impacts on global economies. Examples include the Wall Street Crash of 1929, which preceded the Great Depression, and "Black Monday" in 1987, where stock markets worldwide experienced a dramatic one-day decline. More recent examples include the dot-com bubble burst in the early 2000s and the financial crisis of 2008.

The causes of stock market crashes are diverse and can include speculative bubbles, excessive leverage, unexpected economic news, or geopolitical instability. The speed at which information travels in modern financial markets can exacerbate these events, as fear and panic can spread rapidly through electronic trading systems.

Following a crash, markets often experience a period of volatility before gradually recovering. The long-term consequences can include economic recession, increased unemployment, and significant wealth destruction for investors. Regulatory bodies and central banks often intervene during and after crashes to stabilize markets and mitigate economic damage, employing measures such as interest rate adjustments or liquidity injections. Understanding the dynamics of stock market crashes is crucial for investors, policymakers, and economists alike.