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1 - “Tulip mania” in the 1630s When peaking, a tulip was priced at eight pigs or 12 sheep, far beyond the real value when the market suddenly collapsed, as big players decided to sell off. The Dutch economy was sunk in crisis until many years later. More details... 3- Chaos of railway stocks in England in 1840 In the 1840s, the advent of modern rail systems sparked a technological revolution in Britain. But after the peak in 1845, the price of railroads underwent many years of catastrophic plunge. Until 1850, investments "evaporated" 50% of the value. More details... ... 5- The Great Depression of Wall Street in 1929 In the 1920s, US stocks exploded, profit quadrupled from 1920 to 1929. The panic began on October 24th of 1929, the record of 12,894,650 shares were sold off. This confusion led to the Great Depression of history, causing serious consequences for the United States and spreading to Europe during a decade. More details...
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Feb 9th, 2019
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