The Rothschilds, revolutions and crisis: what 1873 teaches 2026
Acreditar em uma nova tecnologia e ser otimista com os fatos pode nos impedir de reconhecer os riscos? Lendo 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World, de Liaquat Ahamed, essa indagação me veio à cabeça. (Compre aqui) O livro conta o que foi a primeira crise financeira verdadeiramente […] The post Os Rothschild, revoluções e crise: o que 1873 ensina a…
Liaquat Ahamed's book "1873: The Rothschilds, the First Great Depression, and the Making of the Modern World" examines the first truly global financial crisis. The crisis began with the collapse of the Vienna Stock Exchange on May 9, 1873, which triggered a chain reaction of events that spread to other markets, including the United States, where Jay Cooke & Company went bankrupt in September 1873.
The crisis was fueled by a combination of factors, including speculation, credit, and over-optimism about technological progress and globalization. The Rothschild family, with their international network of banks, played a significant role in the crisis, but also demonstrated a cautious approach to investing, prioritizing diversification and preservation of capital.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
