How Railways Rewrote Wealth in the 19th Century

Описание: In 1845, Britain experienced a financial frenzy that changed the economy forever. It was called Railway Mania, and it wasn't just a bubble—it was the blueprint for every financial collapse that followed, from the Dot-com crash to modern crypto speculation.

This video explores how the promise of iron and steam convinced ordinary people to gamble their life savings on companies that often existed only on paper. We break down the mechanics of the mania, how low interest rates fueled the fire, and the brutal reality of the inevitable crash.

While thousands lost their fortunes, the infrastructure they funded remained. This is the story of how the modern world was built on a foundation of financial ruin, and why the cycle of boom and bust is not a bug in the system, but a feature of progress.
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