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23 November, 16:12

Why did john law need to flee france

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  1. 23 November, 17:10
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    Answer: He made a risky gamble

    Explanation: John Law made a bet with Lord Londonderry in August 1719 that East India Company stock would weaken over the following year. He lost the bet. It was this wager and not the collapse of the Mississippi bubble that ruined Law. On 28 December 1720, he fled France disguised as a woman and died in Venice nine years later, a poor man.
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