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It is called the American Recovery and Reinvestment Act. It pumped $241.9 billion in the US economy. The program cut taxes, enlarged unemployment benefits and provided funds for public works. The recession ended in July 2009; the stimulus package had been passed in February 2009. President Barack Obama bailed out the auto industry on March, 2009. The takeover of GM and Chrysler saved 3 million jobs.
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Cuba is under a totalitarian communist government system
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During the stock crash, most people were trying to trade the stocks, mostly to sell overpriced stock that had lost a great amount of value in only a few days.
Unfortunately for most of them, these stocks still lost a great amount of value, which meant that they lost a lot of money. Billions of dollars of market value were wiped out in a single day, leading to thousands of people to financial ruin, and starting a period of economic recession known as the Great Depression.
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