South Sea Bubble 1720
Wall Art and Photo Gifts from Mary Evans Picture Library
South Sea Bubble 1720
The South Sea Bubble. A satirical image showing a goat sitting atop the human wheel of fortune with a sign saying Who l I Ride just below. There is a winged devil with a scythe on the left, throwing chunks of Fortunes body to a greedy crowd and at the bottom, Trade lies dead. The monument on the right reads: This monument was erected in memory of the destruction of the city by the South Sea in 1720. This refers to the financial crisis in Britain in 1720 when the South Sea Company offered to take on over half the national debt in return for further concessions. Its 100 shares rapidly rose to 1000 before the bubble burst, leaving thousands ruined
Media ID 575814
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