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.

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

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.

Is a good book!

Panic of 1907 book is good too. Even better IMO

after 911 now we call it New World Order

rip america. was a nice time. but now you guys over there are not free or brave anymore.
saaaaaaaad. get up people!

whoa whoa whoa whoa whoa.......... whoa.... whoa....................... whoa

are you guys suggesting that economies are cyclical??????? holy shit.

i am. ingenious huh?

I just noticed those numbers.. The years where crisis start/boom ends with '7'. :warning

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