Source: WhatsApp Forward
Plus ça change, plus c’est la même chose
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Source: WhatsApp Forward
Plus ça change, plus c’est la même chose
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One reply on “The Share Price Mania of 1861-1864”
Driven by US Civil war- it had had a big impact in establishing indian markets/BSE, which also lead to the first big crash.
More- https://mostlyeconomics.wordpress.com/2017/04/12/how-failure-of-stock-brokersbanks-in-1860s-led-to-formation-of-bombay-stock-exchange-and-history-repeated-with-nse-120-years-later/
https://www.business-standard.com/article/beyond-business/150-years-later-115071001354_1.html