The Great Panic that occurred in New York in October 1907 is one of the most famous panics in history, and it is also the most typical case of joint rescue by private companies, industry organizations and government departments. Its direct consequence was the end of the era of national banking in the United States, giving rise to the central bank of the United States, the Federal Reserve. Most importantly, it makes people reflect on the contradictions between regulation and the market, monopoly and competition. To this day, these two topics still have enduring vitality.
This album revolves around the three-week timeline from October 22 to November 6. It vividly depicts the mentality and actions of Morgan, Roosevelt, Strong and many core figures during the panic, and reviews the rescue process in different dimensions. Although the story takes place in the distant beginning of the last century, the scenes in the story are not unfamiliar...
ISBN: 9787308210423