The Meb Faber Show: “The 1st Global Financial Crisis Looks Very Similar to the AI Boom”
The Meb Faber Show: “The 1st Global Financial Crisis Looks Very Similar to the AI Boom”
Today’s guest is Liaquat Ahamed, the Pulitzer Prize–winning author of Lords of Finance: The Bankers Who Broke the World, one of the greatest financial history books ever written. His new book is called 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World.
In today’s episode, Liaquat shares the story of the world’s first truly global financial crisis. He walks through the Rothschild-led bond boom that funded railroads on three continents, the German IPO mania sparked by French war reparations, and the monetary blunder of abandoning silver that turned a crash into twenty years of deflation.
To see links or read the transcript of the episode, visit us at: https://www.themebfabershow.com/episo…
00:00 The First Global Financial Crisis Explained
01:42 What Caused the Panic of 1873?
06:03 How Credit Bubbles Create Financial Crises
08:22 Should Investors Sell Too Early?
09:14 Gold Standard vs. Silver Standard Explained
13:08 Why the 1873 Financial Crisis Spread Worldwide
17:20 Inflation vs. Deflation: Which Is More Dangerous?
20:46 What Investors Can Learn from Japan’s Lost Decades
23:58 How the Rothschilds Shaped Global Finance
27:11 Why Financial Crises Keep Repeating
31:37 Is the AI Boom Similar to the Panic of 1873?
35:04 The Investing Rule: “Selling Too Early”
38:16 The Biggest Investing Lesson from the First Global Financial Crisis
Pre-order Investing in America: The Rise Of A 250-Year Bull Market https://amzn.to/4dNRKOt
—-
Have questions? Reach out to us any time at info@cambriainvestments.com.
—– Follow Meb:
Twitter: https://twitter.com/MebFaber
LinkedIn: https://www.linkedin.com/in/mebanefaber/
Website: http://mebfaber.com/
20260731
