Events with tag - Financial Bubble

April 7, 1720

South Sea Bubble Financial Crisis

In 1720, John Blunt's ambitious conversion scheme to transform £31 million of British government debt into South Sea Company shares led to one of history's most notorious financial crashes. The stock price soared from £128 to £1,050 before collapsing to £150, devastating Britain's economy.

June 24, 1720

South Sea Bubble Peak and Collapse

The South Sea Company's stock reached an astronomical peak of £1,050 per share before catastrophically collapsing to £124, marking one of history's most significant financial crashes and reshaping Britain's financial system.

September 2, 1720

South Sea Bubble Crash

The South Sea Bubble of 1720 was one of history's most notorious financial disasters, when shares of the South Sea Company plummeted from £1,050 to below £200 in weeks, causing widespread economic panic and leading to major financial reforms in Britain.