2 ms·
While the story itself might be inflated, it still shows that a bubble doesn't have to be at the start of the market. And the South Sea company collapse far be
by mmastrac 5y ago
While the story itself might be inflated, it still shows that a bubble doesn't have to be at the start of the market.
And the South Sea company collapse far beyond its founding _definitely_ had ramifications.
- exdsq 5y agoI don't know if you read that link or have read elsewhere on the topic but modern economists argue the tulip mania thing wasn't even a bubble and if it was, it was far smaller than you probably assume. Even the wikipedia page covers these topics quite nicely.