The credit crisis of 1772 is triggered…
June 1772 CE
The resultant panic causes other banks, particularly in Scotland, to fail, extends to Amsterdam and the Thirteen Colonies of British North America, and threatens the East India Company with bankruptcy.
Locations
Groups
Netherlands, United Provinces of the (Dutch Republic)
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Delaware Bay, Lower Counties on the (English Colony)
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Maryland, Province of (English Colony)
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Virginia (English Crown Colony)
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Britain, Kingdom of Great
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Scotland
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East India Company, British (United Company of Merchants of England Trading to the East Indies)
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North Carolina, Province of (British Colony)
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South Carolina, Province of (British Colony)
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Georgia, Province of (British Colony)
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Neal, James, Fordyce and Dow
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Douglas, Heron & Company
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