- Disease kills 99 percent of horses in 1872, causing business failures, bankruptcies
- Dry summer, record cold winter in 1886 wipes out half the cattle in West
- 1907 copper scheme causes run on banks, banker uses own money to stop it
Monday, February 02, 2009
Odd Causes for Economic Problems
Interesting article on CNN about previous economic disasters and their very odd causes. Everybody talks about the Great Depression but there have been other times when the economy tanked and you will be surprised at the reasons.