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 panic • 1869 black Friday • Grunderkrach • Paris 1882 • 1884 panic • 1893 panic • 1896 panic • 1901 panic • 1907 panic • 1929 Wall Street crash • 1973–1974 stock market crash • 1982 Souk Al-Manakh stock market crash • 1987 Black Monday • 1989 Friday the 13th mini-crash • 1997 Asian financial crisis • 1997 mini-crash • 1998 Russian financial crisis • Dot-com bubble crash of 2000 • 2002 stock market downturn • 2007 Chinese correction • Global financial crisis of September–October 2008'

Other Links:

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


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