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Old 07-28-2008, 06:00 AM   #1
xmas13
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:2cents Panic of 1857

http://en.wikipedia.org/wiki/Panic_of_1857

Speculation, widespread embezzlement, inflated currency, irrational optimism in the US lead to a severe economic crisis worldwide, ended by the American Civil War.
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Old 07-28-2008, 06:22 AM   #2
IllTestYourGirls
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Panic of 1907 lead to the creation of the federal reserve (massive bank power grab) and the great depression (the power grab)

http://en.wikipedia.org/wiki/Panic_of_1907
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Old 07-28-2008, 06:40 AM   #3
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Just read this book last month. A lesser known but fascinating crisis.

When Washington Shut Down Wall Street:
The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy
William L. Silber

Stock market was closed for 4 months or so.
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Old 07-28-2008, 08:53 AM   #4
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Is a good book!
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Old 07-28-2008, 09:00 AM   #5
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Quote:
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Is a good book!
Panic of 1907 book is good too. Even better IMO
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Old 07-28-2008, 09:12 AM   #6
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after 911 now we call it New World Order
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Old 07-28-2008, 09:17 AM   #7
elitegirls
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rip america. was a nice time. but now you guys over there are not free or brave anymore.
saaaaaaaad. get up people!
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Old 07-28-2008, 09:25 AM   #8
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whoa whoa whoa whoa whoa.......... whoa.... whoa....................... whoa

are you guys suggesting that economies are cyclical??????? holy shit.
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Old 07-28-2008, 09:30 AM   #9
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whoa whoa whoa whoa whoa.......... whoa.... whoa....................... whoa

are you guys suggesting that economies are cyclical??????? holy shit.
i am. ingenious huh?
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Old 07-28-2008, 11:46 AM   #10
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I just noticed those numbers.. The years where crisis start/boom ends with '7'.

The 1997 Financial Crisis made made a huge impact on Asian economy before as well.
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Old 07-28-2008, 11:52 AM   #11
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I just noticed those numbers.. The years where crisis start/boom ends with '7'.

The 1997 Financial Crisis made made a huge impact on Asian economy before as well.
Coincidence.

Great Depression. 1929
Panic of 1893
1819
1884
1890
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