3 ms·
There were some astounding financial panics due to railroad overbuilding in that era, that pretty much word for word match the fiber over building in the last d
by VLM 12y ago
There were some astounding financial panics due to railroad overbuilding in that era, that pretty much word for word match the fiber over building in the last dotcom bubble.
Also there was some interesting industrial acquisition action in some market verticals that vaguely resembles the present era. I'm not saying Standard Oil is a perfect analogy to Google or other companies that acquire startups, but its certainly not the worst possible historical analogy.