How One Robber Baron's Gamble on Railroads Brought Down His Bank and Plunged the U.S. Into the First Great Depression - AOS for Lemmy.World - A generic Lemmy server for everyone to use.

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How One Robber Baron's Gamble on Railroads Brought Down His Bank and Plunged the U.S. Into the First Great Depression

In 1873, greed, speculation and overinvestment in railroads sparked a financial crisis that sank the U.S. into more than five years of misery

Interesting read, thanks for posting.