The Druid Deep Dive, Episode 6: JP Morgan's 1907 liquidity crisis: when there's no one to lock the bankers in the library
In 1907, JP Morgan locked bankers in his library to halt a panic. On October 10, 2025, $19 billion in crypto liquidated in hours—with no one to coordinate rescue. Explore what trust company runs and DeFi cascades teach about leverage, liquidity, and building portfolios that don't need saving.
