Intelligence Briefing: Forest and Trees, Etc.

The Great Panic of 1857 hit London like a ton of bricks. The previous decade had seen a huge expansion in global trade with the UK’s exports doubling…

The Great Panic of 1857 hit London like a ton of bricks. The previous decade had seen a huge expansion in global trade with the UK’s exports doubling from 1848-1857. And then it all came crashing down in a wave of bank failures and bank runs.

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