# Mississippi Bubble collapses (1720)

URL: https://history-france.com/timeline/1720-mississippi-bubble-collapses
Location: France

Speculation in John Law’s system collapsed, damaging confidence in state finance. Within the broader Bourbon & Ancien Régime period, Bourbon France became a leading European power through stronger royal government, global expansion, war and court culture. Fiscal strain, social privilege and Enlightenment criticism accumulated beneath the apparent strength of the Ancien Régime. At this point in the timeline, the relevant governing authority is Louis XV (King of France). Mississippi Bubble collapses mattered because it changed material life, state capacity, economic networks or France’s ability to project power. The event is positioned here so visitors can read it alongside changes in government, warfare, society, religion, culture and France’s wider international setting.

## Why it matters
Mississippi Bubble collapses mattered because it changed material life, state capacity, economic networks or France’s ability to project power.

Ruler at the time: [Louis XV](https://history-france.com/rulers/louis-xv)

## Sources
- [Wikipedia topic lookup — Mississippi Bubble collapses](https://en.wikipedia.org/wiki/Special:Search?search=Mississippi+Bubble+collapses&go=Go)
- [Encyclopaedia Britannica topic lookup — Mississippi Bubble collapses](https://www.britannica.com/search?query=Mississippi+Bubble+collapses)
- [Wikipedia — Timeline of French history](https://en.wikipedia.org/wiki/Timeline_of_French_history)