Bubbles, bubbles, bubbles. They're everywhere these days. From insane valuations for courier companies (JustEat, Uber, Gorilla, Getir, etc.) to other 'tech' companies that don't and never will make money. The whole place feels like a casino on the side of a roller coaster at the moment.
This brought to mind a similar time a few hundred years ago with the formation of the South Seas Co. - one of history's most notorious bubble stocks. Formed to swap government debt into a supposedly functioning import/export vehicle, it is a fantastic tale involving the most outrageous financial chicanery that would even amaze the geniuses of our last Great Financial Crisis.
Have a watch of this illustrated tale by Extra Credits:
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