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Dutch Tulip Bulb Market Bubble Definition


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Quotes of the day:

a good tooth, gets no gold

— Severin Meiland

The Dutch tulip bulb market bubble, also known as ‘tulipmania’ was one of the most famous market bubbles and crashes of all time. It occurred in Holland during the early to mid 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person’s annual salary.


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