In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

Warren Buffett

20th century depression disgraced president Dow economic growth financial panics flu epidemic military conflicts oil shocks recessions resignation stock market United States world wars
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