3 Signs We've Reached 'The Top' In The Financial System
Submitted by Simon Black via SovereignMan.com,
It was 1720, and Paris was completely mad.
The city’s brand new stock exchange, located at the ultra-swanky Hotel de Soissons, swarmed with citizens of all stripes looking to get rich.
Stocks were still a novel concept back then, and the allure of getting rich overnight was so appealing that people lined up for hours to buy shares.
The most popular was the ill-fated Mississippi Company, whose share price frequently rose up to 20% in the course of a single morning.