American History

The cotton-backed bond scheme, a unique financial innovation that allowed the Confederate states to raise funds from European investors during the American Civil War.

The financial struggles of the Confederacy led to its defeat, emphasizing the crucial role of money in the American Civil War.

The capture of New Orleans on April 29, 1862, marked a significant shift in power dynamics and ultimately led to the defeat of the Confederacy, showcasing the impact of economic warfare.

The Siege of Vicksburg was a turning point in the American Civil War, where Grant's campaign led to Pemberton's surrender on July 4, 1863, securing control of the Mississippi for the North and splitting the Confederacy in two.

The rise of credit-driven consumerism in post-war America led to increased consumption patterns, rising debt levels, and widening income inequality.