The financial roller coaster Current figures from the New York Stock Exchange, the NYSE, have equated its assets to almost fifteen trillion dollars, which does not even cancel out our debt national. The NYSE was officially opened in 1792. Since then, many people have become extremely rich, while some have even become extremely poor. Our country has also benefited from scholarships, creating jobs and influencing the economy in positive and negative ways. The United States economy and the stock market appear to have many relationships, such as the repeating thirty-year business cycle; which demonstrates the rises and falls of the NYSE. Over the past three hundred and twelve years, the New York Stock Exchange has contributed greatly to our country, in both positive and negative ways. Since the birth of the New York Stock Exchange in 1792, many have become extremely wealthy and even more have lost large portions of their savings in the markets. The original stock exchange got its start in Belgium in the 1530s, it was located in Antwerp (Beattie). The idea of ​​the market at the time was for businessmen to gather during the day to transact business, work on government issues of the day, and for individuals to take care of their debts (Beattie). Although the NYSE is one of the most renowned stock exchanges in the world, it was not the first in the United States, that prize goes to the Philadelphia Stock Exchange (Beattie). The PSE was created in 1790 and remained on the side of the most modest stock exchanges. The economy has fluctuated positively and negatively over the centuries it has been open, with one of the most recent downturns occurring in 2008. September began with some troubling news......mid paper......spend their money. America's future lies in the financial support we have; if we continue to spend more money than we have, it will end disastrously. “If stock market experts were that expert, they would buy stocks and not sell tips.” ~Norman Ralph Augustine Works Cited Baughman, Judith S. "The Stock Market: Crash." American decades: 1920-1929. New York: Gale Research, 1996. 103-07. Print.Beattie, Andrew. “The birth of stock exchanges”. Investopedia. Np, February 26, 2009. Web. April 30, 2014. Havemann, Joel. “The financial crisis of 2008: review of the year 2008.” Encyclopedia Britannica Online. Encyclopedia Britannica, nd Web. May 6, 2014. Kosakowski, Paul. “The fall of the market in the fall of 2008.” Investopedia. Np, April 9, 2009. Web. May 8, 2014.Twin, Alexandria. “Stock crushed.” CNNMargent. Cable News Network, September 29, 2008. Web. April 29. 2014.