After the global financial crisis broke out in the late 1920s, many large companies were on the verge of bankruptcy, which led to the sluggish economy and high unemployment rate in many countries such as the United States. The Advertising Buster Media Foundation, a Canadian-based organization, proposed to hold a peaceful rally to occupy Wall Street in order to resist the lack of performance of American political leaders in solving the economic crisis.

Although the activity was put forward by Advertising Buster magazine, there was no specific leader in the actual activity. Anonymous activists encouraged members of the organization to participate in this activity, which enabled the movement to develop. Subsequently, other organizations, including the new york City Congress and American Anger Day, also responded positively.

Before the September 17 event, new york Mayor michael bloomberg issued a written statement saying that "people have the right to protest, and if they want to protest, we will be happy to ensure that they have a place to hold the event". Demonstrators occupying Wall Street held another large-scale protest on the evening of1October 5, local time. This March may be the largest since the "Occupy Wall Street" movement was launched, and the number may reach tens of thousands. It is reported that this is the first time since the "Occupy Wall Street" movement was launched that demonstrators held a parade in non-weekend time. Participants are mainly members of teachers' unions and transport unions.

At the same time, the occupation movement extended to university campuses. The latest Occupy University movement called on all American college students to join the March on the afternoon of the 5th. According to the news released by "Occupy Colleges" official website, 75 colleges and universities in the United States responded to take part in the street parade that afternoon. Protests have spread all over America. More than 65,438+020 cities participated in the protests, which may attract more cities around the world. In Canada, protests swept through Vancouver. At present, many government members have expressed their support for the protesters, but there is no official response.

Occupy Wall Street imitators have appeared in Boston, Atlanta, Denver, Chicago, Los Angeles, San Francisco and Pittsburgh. Even in Boise, Idaho, a small city with a population of only 205,000, a demonstration was held on the 5th. At the same time, event organizers began to organize support activities outside the United States, including Prague, Frankfurt, Toronto, Melbourne, Tokyo and Cork, Ireland. Japan, South Korea and other places in Asia have also held "occupation activities" of different scales.