The South Sea Bubble: When Dreams of Gold Ended in Ruin
This is a special IBKR Podcast, the second installment in our series following The Tulip Bubble: When Flowers Cost More Than Houses. The South Sea Bubble explores how a wave of speculation, corruption and mass delusion turned a debt-restructuring scheme into one of history’s most infamous financial manias, leaving fortunes destroyed and lessons that still resonate today.
The skinny
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