https://youtube/watch?v=YcAsLMWyiAoHow the stock market started in Holland with the Dutch East India Company but became perfected in France by a an escaped convict John Law a Scotsman and a gambler waiting to be hung for murder in the UK and escaped to Holland and then to France where he became Jean Law the Controller-Treasurer of France the most powerful man in France after King Louis and at the same CEO of The Louisiana Company which he also was the government regulator. He got fantastically rich in a large stock scam that besides victimizing French peasants went after German peasants from the Rhineland and Alsace selling moving to Louisiana with promises of warm greetings from Native American tribes and the ability to become wealthy land owners. The majority died in swampland unsuited for farming with malaria. Law later fled France for Italy and is considered a reason for the French Revolution.
Posted on: Sat, 07 Sep 2013 03:01:37 +0000
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