South Sea Bubble

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South Sea Bubble

(Historical Terms) Brit history the financial crash that occurred in 1720 after the South Sea Company had taken over the national debt in return for a monopoly of trade with the South Seas, causing feverish speculation in their stocks

[so named because the rapid expansion and sudden collapse of investment resembled the blowing up and bursting of a bubble]

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history			Subjects vary from the ethereal, literally air and silence in Defoe, to concrete opinions on capitalism with the South Sea Bubble floating between the two. Defoe's footprints; essays in honour of Maximillian E. Novak by Reference & Research Book News As Lehrer notes, from the tulip mania of 17th-century Holland, in which 12 acres of valuable land were offered for a single bulb, to the South Sea Bubble of 18th-century England, in which a cheerleading press spurred a dramatic spike in the value of a debt-ridden slave-trading company, Mackay demonstrates that "every age has its peculiar folly. Read yourself to rational behavior by Boomer Market Advisor AFTER the South Sea bubble burst in 1721, MPs called for the reckless bankers responsible for their ruin to be tied up in snake-filled sacks and thrown into the Thames. Political Correspondent Rob Merrick sees the UK's leading bankers ... by Daily Post (Liverpool, England)			South Holland South Island South Korea South Korean South Korean monetary unit South Korean won South Lanarkshire South Loup South Nahanni South of Houston South Orkney Islands South Ossetia South Pacific South Pacific Ocean South Pass South Picene South Platte South Platte River South Polar Region South Pole South River South San Francisco South Sandwich Islands South Saskatchewan South Sea South Sea Bubble South Sea Islands South Seas South Shetland Islands South Shields south side South Slavic south southeast South southerly south southwest South Temperate Zone South Tyneside South Tyrol South Vietnam South Vietnamese South Wales South West Africa South Whittier south wind South Yemen South Yorkshire South-African yellowwood south-central South-Central Dravidian south-east South-East Asia			South Saluda River South San Antonio High School South San Antonio Independent School District South San Francisco South San Francisco South San Francisco Community Partnership South San Francisco High School South San Francisco, California South San Francisco, California South San Joaquin Irrigation District South San Jose Youth Soccer League South Sandwich Islands South Sandwich Islands South Sandwich Trench South Santee River South Santee River South Santiam Watershed Council South Saskatchewan South Saskatchewan South Saskatchewan Independent Living Centre South Saskatchewan Junior Hockey League South Saskatchewan Regiment South Saskatchewan River South Saskatchewan River South Saskatchewan River Basin South Saskatchewan Youth Orchestra South Sea South Sea South Sea (South China Sea) South Sea (South China Sea) South Sea Bubble South Sea Evangelical Church South Sea Imports South Sea Islander South Sea Islands South Sea Islands South Seabrook Marine District South Seas South Seas South Seas Group, Inc. South Seattle Crime Prevention Council South Seminole Heights Civic Association South Seminole Middle School South Shetland South Shetland South Shetland Islands South Shetland Islands South Shetlands South Shetlands South Shields South Shields South Shields (town) South Shields (town) South Shore Alliance of Gay and Lesbian Youth South Shore Atari Group South Shore Babe Ruth South Shore Baptist Church South Shore Baseball Club South Shore Bay Band South Shore Building Service, Inc. South Shore Christian Academy

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