The Panic of 1837: America’s First Financial Collapse
Автор: OLD MONEY STORIES
Загружено: 2026-01-08
Просмотров: 32
Описание:
In 1837, the United States faced its first major financial crisis. Banks collapsed, businesses failed, unemployment soared, and an entire generation lost faith in America’s economic system.
This documentary explores The Panic of 1837, the forgotten crisis that nearly destroyed a young nation. Long before the Great Depression, America learned a painful lesson about speculation, debt, banking failures, and government policy.
In this video, Old Money Stories reveals:
How reckless lending and easy credit fueled a massive bubble
Why banks suddenly collapsed across the country
The role of land speculation and international trade
How everyday Americans suffered during years of economic depression
Why the Panic of 1837 reshaped U.S. banking and financial policy
This is the story of America’s first financial collapse — and the warning signs we continue to ignore today.
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