When we left off, tensions were extremely high in England. Some thought was given to hiring foreign soldiers, perhaps from Germany, to try and maintain order as there were some whisperings about the King potentially abdicating in favour of his son, but the British MPs were steadfastly against rash actions with the monarchy. After aContinue reading “The South Sea Bubble Part 6 – When Opportunity Knocks”
Tag Archives: economics
The South Sea Bubble Part 5 – The Bubble Bursts
When the bill to hand over the lion’s share of the national debt to the South Sea Trading Company had passed through parliament a year prior, there was intense emotion across the political landscape of England. Those close to the venture, but more so those who stood as direct beneficiaries of its success, cheered theContinue reading “The South Sea Bubble Part 5 – The Bubble Bursts”
The South Sea Bubble Part 3 – Immoral Vs Illegal
John Blunt’s Nefarious Scheming Before a law exists, one cannot break it. One is, however, more than capable of doing something immoral regardless of the existence of a legal code. Our distant hunter gatherer ancestors had no constitution to ensure their rights, yet they still functioned in social groups. If someone stole from their neighbour,Continue reading “The South Sea Bubble Part 3 – Immoral Vs Illegal”
The Money Trail 