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The South Sea Bubble: a parable for our own time

The South Sea Bubble: a parable for our own time



Runs on banks, speculative bubbles, liquidity problems, suspicions of financiers, fears of recession, tightening credit restrictions, government intervention to rescue banks, fortunes made and lost? No, not Ireland in 2009 but nearly three centuries earlier. Patrick Walsh looks at the effects of the collapse of the ‘South Sea Bubble’ in 1720.

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From the files of the DIB...The broker baron
From the files of the DIB...The broker baron

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