Episode 2 of 2

Vienna Stock Exchange Crash

When
9 May 1873
Where
Vienna Stock Exchange
Part of
Der Gründerkrach: Vienna stock exchange crash

The Wiener Börse crashed on 9 May 1873, ending the Gründerzeit and starting the Long Depression.

The crash was spectacular, known as 'Der Krach'. It resulted from a bubble of false expansion, insolvencies, and dishonest manipulations. This event signaled the start of a global financial crisis that spread to Europe and North America.

Sources

  1. Wiener Börse Wikipedia, revision of 2026-08-29
  2. Panic of 1873 Wikipedia, revision of 2026-10-07

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.