Determination of the day of the week *104804 + 4, "n" = 104804 and "k" = 4 which implies that August 13, 2009 is the fourth day into the 104805th week since 01/01/0001. 13 August 2009 is Thursday; therefore, the first day of the week must be Monday, and it is concluded that the first day 01/01/0001 of the calendar is "Monday". Based on this, the remainder of the ratio "Base/7", defined above as "k", decides what day of the week it is. If "k" = 0, it's Monday, "k" = 1, it's Tuesday, etc. Determination of the day of the week The determination of the day
Wall Street Crash of 1929 Kondratiev and Charles E. Mitchell, the crash was merely a historical event in the continuing process known as economic cycles. The impact of the crash was merely to increase the speed at which the cycle proceeded to its next level. Milton Friedman's "A Monetary History of the United States", co-written with Anna Schwartz, advances the argument that what made the "great contraction" so severe was not the downturn in the business cycle, protectionism, or the 1929 stock market crash in themselves, but the collapse of the banking system during three waves of panics over the 1930–33 period. Wall Street Crash