Showing posts with label New York. Show all posts
Showing posts with label New York. Show all posts

Happy Birthday to the MoMA Museum in New York- November 7

On November 7, 1929, one of the world's best art museums, the Museum of Modern Art (MoMA), was opened for the first time.

The MoMA Museum is located in the Midtown area of ​​Manhattan's New York City, at 11 West 53 Street.

The museum opened with the initiative and support of Abby Aldrich Rockefeller, a philanthropist and a member of the wealthy Rockefeller family from New York. The museum was designed by modernist architect Edward Dorel Stone. On May 21, 2002, the museum was closed for extensive renovations and reopened on November 20, 2004 in a new building designed by Japanese architect Yoshio Taniguchi.

If you visit New York, the MoMA Museum is one of the places to visit, and rightly so. You will find, among other things, the best and most famous works in the world, such as: Vincent Van Gogh's "Starry Night", Pablo Picasso's "The Disappearance of Avignon", "The Continuity of Memory" by Salvador Dali, "Broadway Boogie Wogi" by Pete Mondrian, Claude Monet's "The Water Lilies," "The Dance" by Henri Matisse, Paul Cezanne's "Laundromat", Frida Kahlo's "Self-Portrait," Andy Warhol's "Mercy Campbell," Henri Rousseau's Sleeping Gypsy, Lovers "of Renee Magritte.  

In the museum there are permanent exhibitions of the most highly regarded American artists: Jackson Pollock, Jasper Jones, Edward Hopper, Ross Blackner, Andy Warhol, Chuck Coles, Ralph Basque, Raphael Olavinsky, Edward Avdisian and others.   

The museum also has an extensive collection of photographs and a beautiful sculpture garden. 

Starry Night- Vincent Van Goch 1889- MoMA Museum New York

Wall Street Crash of 1929- Black Tuesday- October 29th

In 1929, on October 24, a destructive process began that had many implications for history. On this day, the New York Stock Exchange on Wall Street collapsed and blew up the pink bubble of many Americans who believed they had a lot of money.
It was the end of a ten-year period in which many people invested their savings in stocks and even borrowed a lot of money from banks to buy more, believing it was the best way to double and triple their money. The peak period came in the middle of 1929. The banks encouraged buying the shares and gave cheap credit until their prices were so high and exaggerated that the fall was inevitable.

The day the stock exchange began to collapse was called "Black Thursday."
Five days later, the second stage of the collapse, the great collapse that led to huge losses for millions of Americans and led to the worst economic depression in American history, came on October 29 and was called "Black Tuesday." The collapse caused public panic.
Masses of people who invested their best money on the stock market went into debt. Many banks went bankrupt because they gave many loans to people who could not repay them. Many businesses have lost their credit limit and have been closed down, making millions of people unemployed.
The collapse of the stock exchange also affected Europe. The difficult economic situation has also affected the political stability of many countries and sees it as one of the causes of the outbreak of World War II.
In the photo: A crowd gathers at the intersection of Wall Street and Broadway streets after the collapse of 1929.

One of the stories from that period is about Joe Kennedy, a famous rich guy who left the stock market on time and saved his money. He said he discovered that investing in the stock market was a fashionable trend and was too popular when his shoe-shine chef gave him tips on investing.
Another investor who told about the early signs of the collapse was Bernard Baruch, who said he saw the signs as taxi drivers would talk to him about their investments and give him advice.

October 29th is also Internet Day 

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