23 October, 2008

Financial Turmoil in Years Past

With the current economic situation what it is, more and more of us are getting a better idea of not only how our own money works, but also how money markets and governments work with respect to money.

Now that we are equipped with such knowledge, tales of yesteryear are just plain more interesting.

The Panic of 1907 - http://en.wikipedia.org/wiki/Panic_of_1907

At the bottom of the page linked above, see 'Banking panics in the United States: 1797  · 1819  · 1825  · 1837  · 1847  · 1857  · 1866  · 1873  · 1884  · 1890  · 1893  · 1896  · 1907  · 1910-1911  · 1929-1939  · 2008'

Also see 'Stock market crashes:

1819 panic1869 black FridayGrunderkrachParis 18821884 panic1893 panic1896 panic1901 panic1907 panic1929 Wall Street crash1973–1974 stock market crash1982 Souk Al-Manakh stock market crash1987 Black Monday1989 Friday the 13th mini-crash1997 Asian financial crisis1997 mini-crash1998 Russian financial crisisDot-com bubble crash of 20002002 stock market downturn2007 Chinese correctionGlobal financial crisis of September–October 2008'

Other Links:

http://en.wikipedia.org/wiki/Financial_crisis#See_also


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