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Dutch tulip mania – more myth than mania

For all market bubbles – whether in stocks, real estate or cryptocurrency – the usual cautionary tale is the tulip mania of the first half of the 17th century in Holland, where people bet heavily on the tulip bulb market, mortgaging houses, businesses and ships, only to lose everything when the bubble collapsed. However, the reality was very different from this myth.

For all market bubbles – whether in stocks, real estate or cryptocurrency – the usual cautionary tale is the tulip mania of the first half of the 17th century in Holland, where people bet heavily on the tulip bulb market, mortgaging houses, businesses and ships, only to lose everything when the bubble collapsed. However, the reality was very different from this myth.


Source: https://www.aripaev.ee/ by www.aripaev.ee.

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