Tulip Bulbs, Bored Apes & Bubbles
Patrick Boyle On Finance
The Railway Mania
The malinvestment in rail turned out to be an absolute disaster for a large number of ordinary citizens who pumped all of their savings into it. Many investors were not just left penniless they were left in debt. All of this spending did mean that Britain was left with world leading transportation infrastructure as is often the case with investment bubbles something of value is left behind.
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