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At last, the South Sea Company gets too greedy: the public wakes up, and the bubble pops. Disastrously...

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England: South Sea Bubble IV - The Bubble Pops - Extra History

Support us on Patreon! http://bit.ly/EHPatreon Watch the South Sea Bubble series! http://bit.ly/1xfVN9W Subscribe for new episodes every other Saturday! http://bit.ly/SubToEC Follow us on Facebook! http://bit.ly/ECFBPage Follow us on Twitter! http://bit.ly/ECTweet Follow us on Twitch! http://bit.y/ECTwitch ____________ With the South Sea Company's value dangerously inflated, Blunt drives one more scheme to raise stock prices - and it finally backfires on him.

Comments

Michael Waisfeld

Man I need to watch every episode 3 times to understand whats going on >< economics is the one subject my mind refuses to get a grasp on

noah

I think it basically boils down to the south sea company got so big. Despite the fact it was worth nothing. Because it was makeing zero money the stocks where in reality worthless. Because it got so big people relized they where spending money on nothing. And 1000 times 0 will always equal zero. Meaning anybody who invested money in it and didn't relize it was worthless in time lost all there hard earned money At least that's what I think it means. I never took economics kinda wish I did.

Tammy Spiller

I honestly think this series is teaching me more about practical economic theory than any lecture. Great job guys, keep it up!

ExtraCredits

Just as long as you learn the general principles and not the practices. ;D Don't make us responsible for your stock bubble schemes!