Background:
On May 9, 1873, the Vienna Stock Exchange crashed, no longer able to sustain false expansion, insolvency, and dishonest manipulations. A series of Viennese bank failures resulted, causing a contraction of the money available for business lending. [..] the railway empire of Bethel Henry Strousberg crashed after a ruinous settlement with the Romanian government, bursting the speculation bubble in Germany.
Where's the Coanda label?
ReplyDeleteWhat does Coanda have to do with the Grundenkrach? He wasn't even born when that happened.
ReplyDelete