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Openai/6740e2b2-fb84-8013-b617-354d4cbb1d7d
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===== While the Year Without a Summer in 1816 is widely acknowledged for its global climate impact, a much more obscure consequence of that year occurred in the United States. Known as the "Panic of 1816", this event refers to a financial and agricultural crisis triggered by the severe climate anomalies caused by the eruption of Mount Tambora in Indonesia. ===== The eruption caused global temperatures to plummet, leading to widespread crop failures and famine, particularly in the northeastern United States. This resulted in financial instability due to crop loss, as farmers faced economic ruin. What makes this crisis obscure is that, unlike other major financial panics in U.S. history, this one is rarely discussed in modern accounts and is not well known outside of economic or environmental history. The panic led to a short-term depression in the U.S. economy, with many small farmers losing their land and livelihoods. The event also fueled unrest in some rural areas, leading to protests and localized social upheaval, yet these are barely referenced in mainstream American historical texts.
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