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    tk (tk@f.kawa-kun.com)'s status on Friday, 04-Apr-2025 01:11:53 JSTtktk
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    • tk
    One of the major causes of the riots was the Panic of 1893. The panic precipitated one of the most severe depressions in American history. The closure of two major railroads and other major companies triggered a stock market collapse. The New York banks had heavily invested in the stock market, and bank failures soon began. This caused a contraction of credit, and many other, newer, businesses started to shut down as well. The depression produced widespread social unrest, mostly among the now-unemployed workers. Some people tried to create public works programs for the unemployed, but this was unsuccessful.


    Our near future. :P

    In conversationabout 17 days ago from f.kawa-kun.compermalink
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