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17 Sept 1720 Jahr - South Sea Bubble

Beschreibung:

South Sea company takes on entire national debt at 5% interest, in 1711 as a direct result their shares go up 1000%. all great until 1720 when south sea co. starts losing value, and the stock markets crash

Zugefügt zum Band der Zeit:

Byben
4 Sep 2019
4
2
4237

Datum:

17 Sept 1720 Jahr
Jetzt
~ 305 years ago