Tulip Mania The First Economic Bubble
The Tulip Bubble, or Tulip Mania, was a financial craze in the Dutch Golden Age. In the 1630s, tulip bulbs became so valuable that some sold for the price of a house. But in 1637, the market collapsed, and prices crashed, leaving many in financial ruin. Tulip Mania remains a classic example of market speculation and the dangers of economic bubbles, reminding us how emotions can drive irrational financial behavior #short
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