The Bretton Woods Agreement signed on July 22, 1944 didn't just reshape global finance - it revealed how human psychology drives economic decisions. Discover how behavioral economics principles like loss aversion, groupthink, and decision-making under uncertainty created a financial system whose legacy still impacts us today

This article delves into the timeless psychological patterns that drive financial market crises. By comparing the 1929 Great Depression and the 2008 Mortgage Crisis, we explore how overconfidence, herd behavior, and distorted risk perception continue to shape market dynamics, illustrating why history often repeats itself.