The 1907 panic started in the United States, owing to a rise in interest rates as farmers in the West were paid for their crops and financial scandals in New York that seemed to implicate a large financial institution, the Knickerbocker trust.
1907年的恐慌始于美国，肇因是利率随着西部农民的庄稼收益而上涨，以及纽约大型金融机构尼克波克信托公司卷入金融丑闻。