30 Times the Stock Market Crashed – History and Speculation of War

via MSN:

1772: The Credit Crisis
British creditors had allowed southern colonies to flourish; Colonials did not have enough liquid assets to pay them back.
1792: The Panic of 1792
First Bank of the United States had been overextending credit to citizens for two years, and a sudden tightening of the reins
1819: The Panic of 1819
The War of 1812 created huge levels of economic expansion in the country
1837: The Panic of 1837
A real estate bubble and erratic U.S. banking policies
1869: The Gold Con
The Gold ConJay Gould and Jim Fisk, two financiers with reputations as cheats, had a get-rich-quick scheme that involved buying up all the gold
1873: The Panic of 1873
there were more railroad bonds available than anyone wanted or could buy up and many railroads went bankrupt.
1901: The Panic of 1901
the fight for control over the Northern Pacific Railroad.
1907: The Knickerbocker Crisis
failed attempt to corner the copper market
1926: Florida’s real estate craze
A large migration to Florida in the 1920s bubble burst
1929: Black Tuesday
production had declined, unemployment increased, and many stocks were revealed to be overvalued.
1937: Ill-timed recession
contraction in the money supply by the Federal Reserve and U.S. Department of Treasury. Meanwhile, unemployment rates rose to 20%.
1941: Pearl Harbor
aftershock.
1962: The flash crash
nonstop stream of military involvement stopped, panic that another Great Depression might be looming.
1963: The JFK assassination
The day President John F. Kennedy was shot
1973-1974: Oil crisis
Triggered by the end of the Bretton Woods Agreement — which tied together American currency to gold prices.
1987: Black Monday
hostilities in the Persian Gulf
1989: The United Airlines sale
Panic ensued [after a period of transportation deregulation in Reagan years, Kennedy feud]
1990: Gulf War recession
economic uncertainty, real estate collapse, rising taxes, a war in the Middle East and a spike in oil prices.
2000: The dot-com bubble
hippies
2001: 9/11 attacks
No words
2002: The Enron scandal
thieves
2007: The housing bubble
constipation
2008: Lehman Brothers declares bankruptcy
More thieves
2008: Congress rejects bank bailout bill
bailout bill designed to solve the liquidity shortage many banks and investment firms
2009: The Great Recession
2 year slope
2010: The one-man flash crash
Navinder Singh Sarao, who spoofed the system by placing artificial sell orders to encourage others to sell and to drive up the price of his own stock.
2015-2016: Stock selloff
the euro and Japanese yen to tank in value. Central banks that had bought those currencies were left in a lurch.
2017: Barcelona attacks
surprise, stocks centered around travel and tourism were hit especially hard.
2018: Inflation scares
In February of 2018, the Dow Jones industrial average dropped more than 3,200 points
2019: The next crash?
…selling frenzy.

 

 

 

Summary:

1772-1837 credit extension issues
1869-1907 con men and railroads (the game of Monopoly)
1926-1937 mass migration inside US
1941-1962 War
1962 no war
1963 JFK assassination, trying to jumpstart war
1973-1987 Persian gulf wars triggered by American currency tied to gold prices.
1989-2000 US companies feeling effects of foreign war and deregulation
2001-2008 More US companies failing and terrorism increases
2008 Congress does not bail out any more companies
2009 con men and cyberterrorism
2015 begins international currency downfall

 

 

h/t MissCleo

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