The promise of itself sent shares to 1000 pounds, then collapsed to 150
In 1720, South Sea Company shares soared to £1,000 then crashed to £150. Thousands faced ruin - including a scientific mind. What happened?
The promise of itself sent shares to 1000 pounds, then collapsed to 150
This episode explores the South Sea Company's meteoric rise and catastrophic fall, revealing how its architects guaranteed their own profits before public shares sold. What happens when the product is the story itself?
Event: South Sea Bubble
Period: 1710-1720
Key Figures: Robert Harley, John Blunt
Initial Share Price: £128 (January 1720)
Peak Share Price: £1,000 (August 1720)
- In…
The skinny
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