What we can learn from 300-year-old bubbles

Welcome back to a new year with Behind the Money! We’re starting off by paying a visit to the New York Public Library to take a peek into the past. Some 300 years ago parts of Europe were in the middle of a financial revolution that quickly turned into a financial frenzy and then — a fallout. With help from the FT’s US markets editor Jennifer Hughes, we’ll learn more about the Mississippi and South Sea Company Bubbles, and what they tell us about today. Clips from: NBC, CNBC, CBS NewsMusic: Georg Philipp Telemann’s Overture-Suite in B-flat Major performed by Tempesta di Mare / The Philadelphia Baroque Orchestra- - - - - - - - - - - - - - - - - - - - - - - - - - Learn how to visit the New York Public Library’s exhibit, Fortune and Folly in 1720. - - - - - - - - - - - - - - - - - - - - - - - - - - Further reading:Business trends, risks and people to watch in 2023FT writers’ predictions for the world in 2023- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Jennifer Hughes (@JennHughes13) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.