Tulip Fever: Its Shocking Collapse in 1637
In the 17th century, tulip fever unleashed rampant speculation that culminated in a devastating financial collapse. Let's find out how it happened.
crisis
Renuncia De La Rúa: A 24 Años de la Impactante Crisis Argentina
December 20, 2001, was a day that Argentines will never forget: President De La Rúa resigned, and the country plunged into one of the worst political and economic crises in history. Let's review how the events unfolded.
The Financial Crisis of 1825 and the Shocking Fall of London Bank Pole
On December 14, 1825, one of England's most important banks, the London Bank Pole, collapsed. This 1825 crisis would have an impact worldwide. Let's see how it happened.
Living with 3,000,000 Pounds of Monthly Inflation: Germany's Incredible Hyperinflation of 1923
On November 20, 1923, inflation in Germany reached its peak. The exchange rate reached $1 to $4.2 trillion, and inflation reached a staggering $3,250,000 per month. Prices doubled every two days, and workers were paid twice a day to buy things during the day before prices rose again at night. Let's look at the full story and its consequences for everyday life.
Burbuja Puntocom: A 26 Años de Su Impresionante Cúspide
In a clear indication that the tech bubble was in full swing, the Dow Jones Industrial Average underwent a radical change in its composition on November 1, 1999. On this date, tech giants like Microsoft, Intel, and Home Depot joined the index, while long-established industrial companies like Chevron, Goodyear, and Sears were excluded. Sears's departure, for example, marked the end of a 75-year uninterrupted presence in the Dow Jones. Let's look at the full story of how the dot-com bubble unfolded.
The 1997 Asian Financial Crisis and Its Significant Global Impact
On October 27, in the midst of the Asian financial crisis, the Dow Jones Industrial Average fell 554 points, or 7,181. This event became known as the Mini-Crash of 1997, as the index's recovery was rapid. Let's look at the full story.
The Shocking German Hyperinflation of 1923 and Its Terrifying Outcome
On October 25, 1923, the Reichsbank printed 120 trillion marks as German hyperinflation spiraled out of control. A month later, the exchange rate gap reached $1 to $4.2 trillion. Let's look at the full story and its dire consequences.
The memorable day JP Morgan saved the American banking system
El 24 de octubre de 1907, en plena crisis, JP Morgan ofrece realizar un rescate bancario invirtiendo 25 millones de dólares(unos 700 millones actualizado por inflación). Veamos la historia completa.
La Crisis de los Misiles de Cuba de 1962: Cuando la Paz Mundial Pendía de un Hilo
On October 22, 1962, US President John F. Kennedy announced the blockade of Cuba, confirming rumors that the Soviets had installed missiles in the country. Let's look at the full story of the Cuban Missile Crisis and how this geopolitical event affected stock market indices.
Railroad Fever: The Shocking Bubble That Moved "Full Steam Ahead"
September 14, 1830, would be a historic day as the final details were finalized for the grand opening of a railway linking Manchester and Liverpool, England, the following day. This great invention would become a boom and give rise to a new speculative bubble. Let's look at these events in detail.
Crisis Subprime: a 17 años del Increíble Rescate de las «Gemelas»
On September 6, 2008, in the midst of the subprime crisis, the U.S. government came to the rescue of Fannie Mae and Freddie Mac, key companies in the mortgage sector.
The Shocking Collapse of the Russian Market in 1998 and Its Aftermath
On August 27, 1998, the Russian market collapsed completely: the main index fell by 171% on that day alone, adding to a catastrophic year-on-year decline of 841% on the same day. Find out what happened.