To: RetiredNow who wrote (881132 ) 8/20/2015 10:50:32 PM From: SilentZ 2 RecommendationsRecommended By
Read Replies (3) | Respond to >Has anyone stopped to think that business cycles are normal and that we should just let them play out, because downturns clear out the excesses of the boom portion of the business cycles? en.wikipedia.org edit ]Panic of 1792 New YorkPanic of 1796–1797 , Britain and United Statesedit ]Panic of 1819 , a U.S. recession with bank failures; culmination of U.S.'s first boom-to-bust economic cyclePanic of 1837 , a U.S. recession with bank failures, followed by a 5-year depressionPanic of 1857 , a U.S. recession with bank failuresPanic of 1873 , a U.S. recession with bank failures, followed by a 4-year depressionPanic of 1884 , United States and EuropePanic of 1893 , a U.S. recession with bank failuresPanic of 1896 , acute U.S. recessionedit ]Panic of 1901 , a U.S. economic recession that started a fight for financial control of the Northern Pacific RailwayPanic of 1907 , a U.S. economic recession with bank failures- Great Depression , the worst systemic banking crisis of the 20th century*Crickets for half a century* then... oh, huh? https://en.wikipedia.org/wiki/Austrian_School Although the Austrian School has been considered heterodox since the late 1930s, it began to attract renewed academic and public interest starting in the 1970s And back to: Savings and loan crisis of the 1980s and 1990s in the U.S.Long-Term Capital Managemen tedit ]Late-2000s financial crisis , including: Subprime mortgage crisis in the U.S. starting in 2007
