8. ⚖️ The 1720 Bubble Act restricted joint stock companies to those with royal charters, aiming to prevent financial chaos. This act was a response to the destructive potential of unchecked financial innovation. #BubbleAct
7. 🇳🇱 The aftermath of the Tulip Bubble saw the establishment of the Bank of England and similar financial schemes in France, leading to further bubbles like the South Sea and Mississippi Bubbles. #FinancialBubbles
6. 📉 The Tulip Bubble burst when buyers refused to honor inflated contracts, and the Dutch government allowed conversions to cheaper options, causing a market collapse. #MarketCollapse