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Paper Fortunes: The Illusion of Stock Market Wealth - From Historic Quotes to the Fleeting Highs Before the Fall
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From tulip bulbs trading for canal houses in 1637 Amsterdam to the Dow Jones crossing 50,000 in February 2026, Paper Fortunes traces four centuries of financial bubbles, crashes, and the timeless human tendency to mistake paper profits for real wealth. Through vivid historical episodes - the South Sea Bubble that ruined Isaac Newton, John Law's Mississippi Scheme, the Roaring Twenties collapse, the dot-com bust, the 2008 financial crisis, and the modern era of meme stocks and crypto manias ...