Glen, this might be a repeat post as I sent it an hr ago. I know that you have got tired of me comparing this mania to the Dutch Tulip mania. So here's a few more that you might prefer me to change to. Metallic coins, Holy Roman Empire, 1618-23 Tulips, the Netherlands, 1636-40 British government debt, Amsterdam, 1763 Country banks, Britain, 1750s, 1793 and 1824 Sugar and coffee, Hamburg, Germany, 1799 and 1857 Canals, Britain, 1793 and 1820s; France, 1823 Railroad shares, Britain, 1836 and 1847; France, 1847 and 1857; U.S., 1857 and 1873 Public lands, U.S., 1836 and 1857; Argentina, 1888-90 Copper, France, 1888; U.S., 1907 U.S. farmland, World War I to 1921, again in 1970s Building sites, Florida, 1925; U.S. Southwest and Southern California, late 1980s Gold, worldwide, 1979-80 * Source: Charles P. Kindleberger latimes.com |