Monday, April 29, 2013

The World's First Stock Market Crash Happened Nearly 300 Years Ago

http://www.businessinsider.com/the-worlds-first-stock-market-crash-happened-nearly-300-years-ago-2013-4

By 1710, England was experiencing there first ever stock market crash, this was called the South Sea Company Bubble. England had loans, expended money with little financial oversight, and they were trying to finace their soldiers.  England had about £10 million of debt.

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