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Argentina just suffered one of the worst one-day declines in global stock market history. The current President of Argentina, Mauricio Macri, suffered a worse defeat in primary elections than was expected making it almost certain that his opponent Alberto Fernandez...
Brazil went through an economic bubble in the 1880s that burst in the 1890s during the first Brazilian military dictatorship. Two finance ministers in Brazil adopted a policy of unrestricted credit for industrial investments in the 1880s. This led to speculation,...
The Panic of 1857 was one of the first global panics in financial history. The failure of the Ohio Life Insurance and Trust Co. of Cincinnati, Ohio precipitated a world-wide panic that would last for the next two years. The Panic of 1857 traces its origins back to...