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Financial Crisis

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August 24, 1857: The Panic Begins In Ohio

by Editor
August 23, 2025

On August 24, 1857, the United States was jolted into one of the most severe economic crises of the 19th century. Known as the Panic of 1857, the crash reverberated across the Atlantic, exposing the fragility of a rapidly expanding economy bound to global…

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February 3, 1637: The Price Of A Tulip Causes Ruin

by Editor
February 2, 2025

On February 3, 1637, the speculative bubble known as Tulip Mania collapsed in the Dutch Republic, marking one of history’s most infamous financial crashes. What began as a thriving market for exotic tulip bulbs spiraled into a speculative frenzy, culminating in a devastating collapse…

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