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Bad deals?

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Greyd

Platinum Member
Weird question, but here goes.

What are some historic "bad deals" that you guys can think of. (historically, politically, economic, social,etc). List em.
 
Bad deals for who? Usually if one side gets a good deal, the other side gets screwed. The whole Louisiana purchase thing was good for the US, not so much for France though.
 
The whole Manhattan Island thing seemed like a bad deal to the origial owners in retrospect.

See also, Louisina Purchase and Seward's Folly for similar bad deals for the seller.
 
Allowing the Russians to "manage" western germany after WWII was a bad deal for the people who lived there.
 
The Treaty of Versailles is widely considered to be a REALLY BAD DEAL for Germany. It created catastrophic economic conditions that led to the rise of Hitler. This led to another legendary bad deal, the Anglo-German Declaration

'"My good friends, for the second time in our history, a British Prime Minister has returned from Germany bringing peace with honour. I believe it is peace for our time."

Neville Chamberlain, 1938

How wrong he was... 🙁
 
We bought Alaska for about $12/acre (in 1872 dollars) from Russia, which I think $7.2m for 570k sq miles isn't a half bad deal....

Shoulda sold it back to Russia during the real estate bubble.....
 
Its disputed, but at the peak of the Tulip madness in 1637......


Goods allegedly exchanged for a single bulb of the Viceroy (Tulip)

Two lasts of wheat 448?
Four lasts of rye 558?
Four fat oxen 480?
Eight fat swine 240?
Twelve fat sheep 120?
Two hogsheads of wine 70?
Four tuns of beer 32?
Two tons of butter 192?
1,000 lb. of cheese 120?
A complete bed 100?
A suit of clothes 80?
A silver drinking cup 60?
Total 2500?
 
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