It is interesting how some times things happen that should have more of an air of deja vu.
Specifically... the political and economic climate of today. A lot of things that we have been seeing, such as the embezzlement by Bernie Madoff and great debt incurred by war, have happened before.
Specifically, during the Panic of 1857.
That’s right... it all happened less than 100 years after the United States became a nation. And now here we are again!
I was listening to Billye Brim say that all of that in the 1800’s precipitated a great spiritual awakening in America. In these days where some of the most popular authors include Christopher Hitchens and Sam Harris... one certainly wonders. This is one of those things that makes us go, hmmmmm.....
You can read more about the crisis of 1857 at Economy Point.