The Panic of the Gold of the "Black Friday" in 1869, the Emergency Speech of the TARP in 2008, and the Founding of Honda Motor Co. in 1948: Economic Anniversaries of September 24 🏛️📜💱
September 24 marks three significant economic events: in 1869, the "Black Friday" saw Jay Gould and James Fisk attempt to monopolize the gold market, prompting an intervention by the U.S. Treasury to stabilize the markets. In 2008, President George W. Bush delivered an urgent address calling for approval of the TARP to prevent a financial collapse after the fall of Lehman Brothers. Finally, in 1948, Soichiro Honda founded Honda Motor Co., which went from manufacturing engines for bicycles to becoming a global automotive giant, influencing industrial management with models such as Kaizen.
Blessings!
#AIStocksWhatNext #crisis
$BNB
September 24 marks three significant economic events: in 1869, the "Black Friday" saw Jay Gould and James Fisk attempt to monopolize the gold market, prompting an intervention by the U.S. Treasury to stabilize the markets. In 2008, President George W. Bush delivered an urgent address calling for approval of the TARP to prevent a financial collapse after the fall of Lehman Brothers. Finally, in 1948, Soichiro Honda founded Honda Motor Co., which went from manufacturing engines for bicycles to becoming a global automotive giant, influencing industrial management with models such as Kaizen.
Blessings!
#AIStocksWhatNext #crisis
$BNB
