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Financial Panics

Browse the NOW and THEN Financial Panics titles listed below.

The Granddaddy of All Bubbles

World History Economic History

The lessons of financial bubbles and their inevitable consequences could be discerned almost three centuries ago, in 1720. Paul Strathern here relates the story of London’s South Sea Bubble, the first great financial hysteria, whose characteristics appear all too familiar today.

Tags:  Financial bubbles - hysteria - Financial panics - Financial crashes - stock market - recession

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