Saturday, 25 January 2020

Flashback: Bridge 9340 collapse and GFC

The following photos were taken with a Canon PowerShot A530 digital camera on 2 August 2007 between 5.54pm and 6.09pm. They show the Australian TV news coverage of the collapse of Bridge 9340 in Minnesota, spanning the Mississippi River on Interstate Highway 35W. Thirteen Americans died in the incident.

The final few shots show what went with news coverage on that day of the stock market. Markets collapsed a couple of months later, and the downswing that followed took a year, during which time Standard & Poor’s ASX 200 securities index lost about 50 percent of its value. Long-term, that event was a blip.

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