The Bubble Act By Tim B. On 10 January 2018 In History, Reference The Bubble Act 1720 (6 Geo I, c 18), which forbade the creation of joint-stock companies without royal charter, was promoted by the South Sea company itself before its collapse. From South Sea Company Wikipedia article. Related writing & researchSlow Claps for the Slow CollapseEntity Class: Without ProvidersLemuria hypothesis (Natural history, continental drift, India, Tamil)Entity: United Free Realms UFRLocale: Siberian Megaslump 1720bubble actcollapsecompaniesjoint-stockroyal chartersouth sea company Previous An Extant walks into a bar… Next What is world’s oldest corporation? 2 Comments Add Comment → ?️ Emoji Investigator ™ “In Great Britain, a considerable number of people were ruined by the share collapse, and the national economy greatly reduced as a result. The founders of the scheme engaged in insider trading, using their advance knowledge of when national debt was to be consolidated to make large profits from purchasing debt in advance. Huge bribes were given to politicians to support the Acts of Parliament necessary for the scheme.” 10 January 2018 Tim B. AI corporate entities 8 August 2019 Leave a Reply Cancel replyYou must be logged in to post a comment.