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单词 south sea bubble
释义

Collins Concise English Dictionary © HarperCollins Publishers::
South Sea Bubble n
  1. Brit the financial crash that occurred in 1720 after the South Sea Company had taken over the national debt in return for a monopoly of trade with the South Seas, causing feverish speculation in their stocks
Etymology: so named because the rapid expansion and sudden collapse of investment resembled the blowing up and bursting of a bubble
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