A Bubble Burst

A Bubble Burst

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How a Stock Exchange Scare Dislocated the Life of the Empire For Two Days, a story in the "Doom of London" series in which the author sounds the clarion call of potential disasters that my befall the great city. Here, it is the tale of an investment "bubble", an irrational exuberance for buying shares of South African gold mining stocks. Excerpts:

"From the highest to the lowest everybody was investing their savings in South Africa. ... In other words, there was a… (more)

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Book Details  

Language: English

Published in: 1903

Word count: 6,171 words (≈ 25 minutes)

Source: Project Gutenberg Australia http://gutenberg.net.au/ebooks06/0603511h.html

License: Attribution Non-Commercial Share Alike (cc by-nc-sa)

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Jennifer Rice

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