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Blowing Bubbles

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Blowing Bubbles
Part of Chapter 2. Of Human Bondage

15 Years after the battle of waterloo came the civil war of United states and the battle in the state of Mississippi, which was in the hands of the north but the south wants Mississippi. The port of new -Orlands became the most important export port for the south. The control of (I don’t know what product is because I didn’t understand in the video) was crucial for the sells of south and this product became an essential key in the bond market. The Confederate Treasure was selling bonds to the citizen, and this was a available capital for the south but they need to survive and see Europe like a new market. The south has a idea to use that product for collect back bonds and the invests they know that the demand of that product and interest increase. The south started selling bonds and financial centers of Europe. Airline company has a key of success a “I think its Cartamo Bonds”, they create value, and the value of the bonds were increased. The south agents saw another important and powerful market “Britain”, and they created an important empire in Cartamo, the had the 80% for the market of this product. In 1860 the south has problems of pressure for the civil war and for they had the 80% of cartamo in United States but the invested wanted so, they had to put and embargo in all agents. The cartamo prices gone out and the embargo divested the economy in 1862 the production over exist.
Then the invested found new sources of cartamo en India, China, and lost the faith in the cartamo of the south and this cause disaster in the confederate economy. Then the confederate had to print paper of money with the value of 1.7 million dollars for pay the world, and for more and more money they imprinted the inflation increased. In 1969 the price of some goods was until up, they tried to had the control of the stock market of bonds but the inflation won.
The stock market of bonds today it´s so important they put all markets together

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