17 sept. 1720 - South Sea Bubble
Description:
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 crashAjouté au bande de temps:
Date:
17 sept. 1720
Maintenaint
~ Il y a 305 ans