Archive for "December 16th, 2008"

The Dutch Tulip Bubble of 1637

Posted in things that happened on December 16th, 2008
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Ours is not the only economy that collapsed because of people selling worthless things!
The Dutch had their tulips!
In 1637, the tulip was brought from Constantinople to Holland. When the botanist who brought it wouldn’t share it with the locals, they broke into her garden and stole it! Thus began the great fad for tulips, that [...]