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This volume presents a clear and concise explanation of why the
American banking crisis of 1933 occurred. The bulk of the book
analyses the actual events of the final major panic which was
ushered in by the closing down of the banks in the State of
Michigan on February 14, 1933. The following three weeks made
history and events happened so fast that years of banking history
seemed to be compressed into as many days. The events are set
within an historical context which enables the reader to see the
panic in relation to what came before it.
This volume presents a clear and concise explanation of why the
American banking crisis of 1933 occurred. The bulk of the book
analyses the actual events of the final major panic which was
ushered in by the closing down of the banks in the State of
Michigan on February 14, 1933. The following three weeks made
history and events happened so fast that years of banking history
seemed to be compressed into as many days. The events are set
within an historical context which enables the reader to see the
panic in relation to what came before it.
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