What was the South Sea Bubble of 1720?
A 1720 British stock mania and crash centered on the South Sea Company, which was set up to refinance government debt and to trade with Spanish America.
Starter thread · AI-reviewed against its sources
A 1720 British stock mania and crash centered on the South Sea Company, which was set up to refinance government debt and to trade with Spanish America.
Starter thread · AI-reviewed against its sources
The famous story of ruin and madness is largely a myth. Historians and economists disagree on whether even the final weeks of early 1637 were a true bubble.
Starter thread · AI-reviewed against its sources