Panic of 1907 | Red Dead Wiki | Fandom

Panic of 1907 is one of the newspaper articles in Red Dead Redemption 2.

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STOCK MARKET CRASHES.
EXCHANGE IN FREEFALL.
ECONOMY ON EDGE.


Traders and economists are reeling after the stock market continued to collapse this week. Those in banking circles say we are witnessing the largest evaporation in wealth ever recorded. Cries of anguish were heard on the streets of lower Manhattan as the stock exchange continued to erupt into a frenzy and bankers rushed to find some way to subdue the panic.

Some speculate the panic on Wall Street was made to order by big capitalists in order to depress values and allow them to reap a rich harvest when the rise returns. However, some have claimed it foolishness that a banker would will a panic, likening it to a farmer wishing for a drought or a sailor praying for a typhoon. The banker, despite being opulent in wealth, thrives from stability.

Bankruptcy claims are being filed by the dozens of large institutions, however, as New York banks are protecting the situation by holding money out of circulation. Congress has already promised to investigate these national banks and review their conduct, though no charges are expected.

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