The Land Boomers by Michael Cannon

Book Description

Secondhand. Very good condition. Minor wear to book corners and edges. Sunning to top foredges. Dust jacket has some light creasing at edges and spine. Dust jacket is now enclosed in glossy protective covering. Interior and binding are also very good.

This book discusses the 1890s economic expansion and depression. During this period of Australia's history, cities and suburbs were developed, stock exchanges boomed, land speculation promised huge profits, and thousands took on debt that they could never repay.

In the end, nearly every major bank and building society crashed, political and financial chicanery was exposed, investors lost everything, and wealthy families were bankrupt. People starved, suicided or emigrated.