Talk:Post-Napoleonic Depression

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Military history: Napoleonic era Start‑class

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causes of depression[edit]

I do not deny that there was a depression. However, neither this article nor much else I have seen provides a clear explanation for why there was a recession. I believe some of it in UK was related to the War of 1812 and the trade embargoes by USA that preceded it, but that would apply only up to 1815. The subsequent period was characterised by low iron prices in UK and a lot of bankruptcies in the iron industry. 1816, as the year without summer, must have payed a role. There seems to have been some revival of the economy in 1818, but perhaps the return to the gold standard in 1819 with related deflation was also a factor. Peterkingiron (talk) 10:46, 21 June 2020 (UTC)[reply]

Peterkingiron, I suggest you look also at "The Year Without a Summer" (1816) as a contributing factor to this economic event. Frunobulax (talk) 17:31, 23 November 2020 (UTC)[reply]

As someone who recalls studying that period of British history, might other contributing factors to the recession have been that export markets that had been buoyed by demand from European allied countries were depressed by the demobilisation of militaries, resumption of trading within the continent, and that many countries as result of war damage and economic depression had become to poor to pay much for our exports? What do histories say?Cloptonson (talk) 18:24, 1 September 2021 (UTC)[reply]

No mention of the Luddites either. According to what I read a while back, the British of the time were actually more concerned about the Luddites than they were about Napoleon. Frunobulax (talk) 18:32, 2 January 2024 (UTC)[reply]

In England, agricultural depression was very important. AnonMoos (talk) 06:13, 3 September 2021 (UTC)[reply]