The South sea bubble parallel
The 6 elements for this parallel
*the creation of a global market
*a new medium
*a large collapse and failure
*trust became a rare commodity
*vast quantities of funny paper were changing hands even though those involved in the deals had no idea of their true worth. Nor did they care.
*years of wars and pan-Atlantic battles
http://www.library.hbs.edu/hc/ssb/whatis.html and http://www.dailyreckoning.com.au/south-sea-bubble/2007/11/23/
