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Mississippi Bubble, the

Mississippi Bubble, the

land speculation scam; ultimately back-fired on creators. [Am. Hist.: Jameson, 326]
Allusions—Cultural, Literary, Biblical, and Historical: A Thematic Dictionary. Copyright 2008 The Gale Group, Inc. All rights reserved.
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References in periodicals archive
Shih compared the rapid inflation of Bitcoin to famous historic economic bubbles, like Tulip mania, the Mississippi Bubble, the South Sea Bubble, and the Dotcom Bubble, and stated that if the Bitcoin bubble bursts it may be the largest bubble to ever pop in history.
But no, seriously, I love to follow these exercises of swindling by paper pirates: Robert Vesco, Bernie Cornfield, the Equity Funding scam, James Ling, the present round of worthless mortgages that BankAmerica was gulled into buying, Michelle Sindona, the purloined works of the Vatican's Works of God bank, Calvi and the Banco Ambrosiano, P-2, or, if you're historically minded, the Great South Sea Bubble, the Mississippi Bubble, the Credit Mobilier, or, last but not least, the present world's unpayable debt pyramid.
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