Wednesday 3 October 2012
21. What Goes Up Must Come Down
The British Government is desperate to offload the national debt and with that in mind the South Sea Company bribes enough people to make sure they get to take it on. Their plan? An pyramid scheme to make money from an ever rising share price but someone forgets to mention that bubbles always burst. The parallels with todays financial crisis are too many to mention.
Listen to Episode 21