may 10, 1837 - Panic of 1837
Description:
The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins.https://en.wikipedia.org/wiki/Panic_of_1837
Added to timeline:
Date:
may 10, 1837
Now
~ 189 years ago