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The Panic of 1907: The Prelude to Financial Collapse

Throughout history, financial systems worldwide have faced moments precariously balanced on the brink of implosion. While the 2008 financial crash is often remembered for its dramatic repercussions, a century earlier, the Panic of 1907 would also threaten to unravel the global economy. This event, sparked by the actions of a select group of powerful financiers attempting to manipulate the market, shared startling parallels with more contemporary financial crises.