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Ship Hits The Fan

The SS Central America Sinks Itself and the U.S. Economy - Ship Hits the Fan Podcast

Ship Hits The Fan

Rooster Teeth

Documentary, Society & Culture, History, True Crime

4.4708 Ratings

🗓️ 5 October 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

Sept 12, 1857 - A sidewheel steamer named the SS Central America sinks off the coast of North Carolina. Hundreds of people died in what was one of the worst maritime disasters at the time. But also aboard the ship was millions of dollars in gold. What happened next would cause a financial meltdown in the US that would be felt for years to come. Go to http://uncommongoods.com/SHIPHITSFAN for 15% off. Go to http://lectricebikes.com to save up to $150 on a 2.0 eBike purchase. Follow us on social: https://twitter.com/mc_lotta https://twitter.com/handsomemaster2 https://twitter.com/briangaar Are you a FIRST Member and need your Private RSS feed for this show? Go here: bit.ly/FIRSTRSS Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is a rooster teeth production.

0:12.7

September 12, 1857.

0:16.2

A side wheel steamer named the SS Central America sinks off the coast of North Carolina.

0:22.6

Hundreds of people died in what was one of the worst maritime disasters at the time.

0:27.3

But also aboard the ship was millions of dollars in gold.

0:30.9

What happened next would cause a financial meltdown in the U.S. that would be felt for years

0:35.4

to come.

0:36.4

Yeah, don't put that much gold on a ship.

0:38.3

Don't put enough gold on a ship that you can sink an economy.

0:41.2

Especially the American economy, baby. USA.

0:44.5

Yeah.

0:44.9

Nothing can sink us.

0:46.3

They're not patriots.

0:47.0

It's not just that.

0:48.3

It's not just the economy.

0:49.6

Like what happens after that?

0:51.5

This whole thing is bananas.

0:53.2

This is the craziest story I think we've done.

0:55.5

A proud tradition of putting all our money in the worst places. Well, because this, this like has

1:01.6

legal problems happening. There's like legal stuff around this shipwreck happening almost today.

1:08.6

No, it still is. Oh, it still is ongoing.

1:11.7

Okay, good.

...

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