No. The stock market crash in 1929/was preceded by bumper wheat crop in 1926. This is why mothers parents added electricity, plumbing, a basement, kitchen, bathroom, bedroom, and hall to their house in the Oklahoma panhandle. My grandfather was an accountant at a grain elevator. The stock market crashed on October 29, 1929. My grandfather died August 30, 1930. My mother never really recovered from his death.
The 2008 stock market crash was preceded by Reagan's first administration deregulations allowing mergers, so Esso/Exxon could merge with Mobil, the Penn Square State Bank in Oklahoma City geeing overextended on loans and defaulting July 2, 1982, triggering the savings and loan crisis and lots of houses being sold for the next 4 years because mortgages were too high and kept increasing. Then there was the dot.com crash in 1997.
The 2008 stock market crash was different from the 1929 crash. For me this is personal family history. My father had just started college in 1929.