Christopher Knowlton

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What if Florida caused the Great Depression?

Jan 17, 2020
An argument that Florida's land boom in the 1920s, not the stock market crash, was the real reason for the financial crisis that followed.
Aerial view of the Flamingo Hotel and several yachts in Biscayne Bay beyond, Miami Beach, Florida, 1920s. The Flamingo was built by Carl Fisher and was one of the first large hotels built in the area. It has subsequently been demolished.
Hulton Archive/Getty Images