The Panic of 1873 was more than just a U.S. financial crash—it sparked a global economic downturn that some call the first Great Depression. Lasting over two decades in parts of the world, this crisis reshaped finance, trade, and monetary policy in ways we still feel today. Yet, it remains strangely “forgotten” compared to the Wall Street Crash of 1929.
In this video, The Forgotten 1873 Panic — The Crash That Lasted 20 Years, we dive deep into the causes, mechanisms, and long-term impact of one of history’s most under-discussed economic disasters:
Credit to : The Market Historian
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