The Banker Who Broke An Empire; The 1772 Financial Crisis
Автор: Investonomic
Загружено: 2026-01-10
Просмотров: 9
Описание:
@investonomic ver how one banker — Alexander Fordyce — fleeing to France triggered history’s first modern global financial panic.
From London to Scotland, Amsterdam to the American colonies, this crisis froze credit, collapsed banks, and exposed a truth that still applies today:
👉 Financial systems run on trust, not numbers.
You’ll discover:
Who Alexander Fordyce really was and why his escape shocked the world
How cheap credit and leverage created a financial house of cards
Why the East India Company became the epicenter of speculation
How the Bank of England invented emergency bailouts during this panic
And how this very crisis lit the fuse for the Boston Tea Party and the American Revolution
This is not just history.
This is a lesson on banking crises, leverage, moral hazard, and systemic risk — concepts that still drive markets today.
If you want to understand how balance sheets can change the course of empires, this video is for you.
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