Domino effects of banks was definitely a thing in the 19th and even 18th century. Moreover, even if it did happen to the extent that the worst case situations envisioned, it isn't clear it would have been worse than 1819. And even if total unemployment did get worse, it is likely that the overall standard of living would still remain far better than any time in the 19th century. Larger events can occur but the ratchet is still slowly moving in the same direction.
Domino effects of banks was definitely a thing in the 19th and even 18th century.
Nationally. But not globally.
Moreover, even if it did happen to the extent that the worst case situations envisioned, it isn't clear it would have been worse than 1819.
Nothing is clear since we're dealing with counterfactuals, but why do you believe so?
Yesterday I was using the Global Terrorism Database to check some suprisingly low figures on what percentage of terrorist acts are committed by Muslims. (Short answer: Worldwide since 2000, about 80%, rather than 0.4 - 6% as given in various sources.) But I found some odd patterns in the data for the United States. Look at this chart of terrorist acts in the US which meet GTD criteria I-III and are listed as "unambiguous":