Talk:Post-Napoleonic Depression: Difference between revisions

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causes of depression

I do not deny that there was a depression. However, neither this article nor much else I have seen provides a clear explanation for why there was a recession. I believe some of it in UK was related to the War of 1812 and the trade embargoes by USA that preceded it, but that would apply only up to 1815. The subsequent period was characterised by low iron prices in UK and a lot of bankruptcies in the iron industry. 1816, as the year without summer, must have payed a role. There seems to have been some revival of the economy in 1818, but perhaps the return to the gold standard in 1819 with related deflation was also a factor. Peterkingiron (talk) 10:46, 21 June 2020 (UTC)[reply]

Peterkingiron, I suggest you look also at "The Year Without a Summer" (1816) as a contributing factor to this economic event. Frunobulax (talk) 17:31, 23 November 2020 (UTC)[reply]

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 ==causes of depression==
 I do not deny that there was a depression.  However, neither this article nor much else I have seen provides a clear explanation for why there was a recession.  I believe some of it in UK was related to the War of 1812 and the trade embargoes by USA that preceded it, but that would apply only up to 1815.  The subsequent period was characterised by low iron prices in UK and a lot of bankruptcies in the iron industry.  1816, as the year without summer, must have payed a role.  There seems to have been some revival of the economy in 1818, but perhaps the return to the gold standard in 1819 with related deflation was also a factor.  [[User:Peterkingiron|Peterkingiron]] ([[User talk:Peterkingiron|talk]]) 10:46, 21 June 2020 (UTC)
+[[User:Peterkingiron|Peterkingiron]], I suggest you look also at "The Year Without a Summer" (1816) as a contributing factor to this economic event. [[User:Frunobulax|Frunobulax]] ([[User talk:Frunobulax|talk]]) 17:31, 23 November 2020 (UTC)