"I can calculate the motions of heavenly bodies, but not the madness of people."
Throughout history, one topic appears again and again - How to make money quickly!
In 1720, the whole of
The direct cause of this event is that as the House of Lords passed the South Sea Bill, their shares immediately increased to 10 times their value, speculation ran wild and all sorts of companies, some lunatic, some fraudulent or just optimistic were launched. The country went wild, stock prices increased in that period, and huge capitals were made at that time.