Speculative Bubble facts
While investigating facts about Speculative Bubble Definition and Speculative Bubble Examples, I found out little known, but curios details like:
In 1720, stock speculation caused the value of shares for the South Sea Company to jump from£128 in January to £1000 in August. When the bubble burst, it financially ruined their investors. One investor, Sir Isaac Newton lost £20,000, equivalent to about £268 million in present day value.
how to prevent speculative bubbles?
Tulip mania, a seventeenth century speculative bubble that caused the price of certain tulips to skyrocket; particularly tulips affected by the mosaic virus which caused the petals to become multi-colored.
What is a speculative bubble?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what constitutes a speculative bubble. Here are 7 of the best facts about Speculative Bubble Examples Today and Speculative Bubble Meaning I managed to collect.
what commodity created the speculative bubble?
-
The Mississippi Bubble was a financial scheme in 18th-century France that triggered a speculative frenzy and ended in financial collapse. The scheme was engineered by John Law, a Scottish adventurer, economic theorist, and financial wizard who was a friend of the regent, the Duke d’Orléans.
-
One of the earliest recorded economic bubbles in the world burst in Holland due to speculative trading of tulips! It is now referred to as "Tulip Mania" and at its peak a single tulip bulb was worth about ten times a craftsman’s annual income!
-
The Dutch Tulip Mania in 1636 which made speculators drive the price of tulip bulbs to 6 times the average annual salary, even buying shares in a single bulbe, is generally considered the first recorded speculative bubble (or economic bubble).
