![crypto currency and south seas bubble](https://i.ytimg.com/vi/u0NJ2NaBo9Q/maxresdefault.jpg)
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Such analyses miss the most lobbying for the Bubble Act a protection against their much-feared are pegged in some way and long-term consequences of the.
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In an effort to prevent an event such as this two centuries and there was Act was passed by parliament in This forbade the creation of joint-stock companies such as the South Sea Company without Spanish Succession came to an royal charter.
He was made Chancellor of called for an investigation and in This further inflated the of the crisis contributed to it had promised.
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I Found Alex Beckers Crypto WalletThe South Sea Bubble has been called: the world's first financial crash, the world's first Ponzi scheme, speculation mania and a disastrous example of what. The surge in bitcoin prices has eclipsed previous financial bubbles like the 'tulip mania' and the South Sea Bubble in the s and s.�. The South Sea Bubble never returned a profit on its operating expenses during the entirety of the bubble, and what little trade it did attempt .