Events with tag - Speculation

September 6, 1717

Mississippi Company

A French colonial trading company founded by John Law in 1717, granted exclusive trading rights in Louisiana Territory by King Louis XV. It experienced rapid growth before collapsing in 1720 during the Mississippi Bubble crisis.

May 1, 1720

The Mississippi Bubble

The Mississippi Bubble of 1720 was one of history's first major financial crashes, occurring when John Law's speculative banking scheme and the Mississippi Company's shares collapsed, devastating the French economy.