Robin Wigglesworth

speaker
1,983 appearances 13 recordings 1 series first heard May 2026 last heard 12 Aug

Robin Wigglesworth’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
5 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 13 in all, peaking in Jul 2026 with 5.

Appearances

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But who loses from this?
Who are the biggest losers in the Grunderkrack that happened in 1873?
Fair enough.
I probably wouldn't want to pay back the stockbroker that let me lots of money to invest in essentially worthless, quite often fraudulent shares either.
What about the economic impact of this?
Yeah, I mean, quite a lot of people think that falling prices is a good thing.
But obviously, it means, you know, companies are making less money, people are making less money, debts are fixed in nominal terms, they still stay high.
You can easily see how that goes from being a bit of a panic on the stock market to being something that becomes a little bit nastier, more virulent, and maybe chronic in the economy for years afterwards.
Well, we obviously are going to be exploring the social fractures that happened.
But I'm curious before we get to that, what happened with Otto von Bismarck?
How did he do?
Bismarck
And there was obviously a hunt for a scapegoat.
And unfortunately, that did turn very, very ugly.
And we're going to be talking about that after the break.
And we are back.
So it's around 1874 by now.
The stock markets of Germany and Austria have collapsed the year before.
And the economies are getting worse and worse and worse.
And people are getting angry.
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