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The South Sea Bubble: Difference between revisions
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== Fallout ==
[[The House of Hanover|King George I]] was not directly involved in the bubble, but he was recalled from Hanover to deal with it, and the government became rather unpopular
The South Sea Company's primary competitor in the national debt business, the Bank of England, was the clear winner from this bubble. It had not engaged in the shady dealings that the South Sea Company did, and thus it became the de facto national bank.
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