The Crash of 2008: It's the Panic of 1825 all over again (also 1837, 1847, 1866 ... )

Posted on November 08, 2009 at 09:00 AM EST

DailyFinance : A freeze in lending triggers a panic in a Western financial capital which then spreads around the globe, eventually tipping several South American countries into default. In a desperate attempt to stem the panic, the central bank steps in as "the ... Read more

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