Kuwait’s Souk al-Manakh Stock Bubble
By Jesse Colombo (This article was written on May 12th, 2006) Perhaps the greatest speculative mania of all time was Kuwait’s Souk al-Manakh stock bubble in the early 1980s, which is as fascinating as it was devastating. The bull market began when investing in local “Gulf Companies” became in … Continue reading Kuwait’s Souk al-Manakh Stock Bubble
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