The Rothschilds, the First Great Depression, and the Making of the Modern World
Interview with Liaquat Ahamed about his book 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World. Discusses the world’s first truly global financial crisis: the Rothschild-led bond boom that funded railroads on three continents, the German IPO mania sparked by French war reparations, and the monetary blunder of abandoning silver that turned a crash into twenty years of deflation.