How JP Morgan Almost Owned America's Steel
Автор: The Monetocracy
Загружено: 2025-12-31
Просмотров: 2558
Описание:
J.P. Morgan didn’t need another steel mill.
He needed one thing he didn’t control.
This clip breaks down why the Mesabi iron range was the keystone asset behind U.S. Steel — and how Rockefeller’s control of that choke point forced Morgan into an expensive decision.
Billion-dollar deals are decided by what’s missing, not what’s visible.
#usststeel #financialhistory #jpmorgan #rockefeller #businesshistory #industrialamerica #leverage #shorts
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