Panic of 2562
Financial Event
2562S.E.
2573S.E.
The failure of the 200+ year old Intercolonial Investment Trust set off a panic among financial institutions in the Central and Western Diaspora, bringing colonial expeditionary ventures to a near-halt.
Although the panic did not reach Eastern Diaspora worlds and their financial institutions, the secondary effects of inflationary recession curtailed trade and investment to a degree that led to a Diaspora-wide consensus that the hitherto freewheeling colonial capital economy was affecting other sectors, resulting in the 2573 Kivaluna Summit.
