The Dutch Tulip Bubble of 1637
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 lasted for seventy (!) years, until someone didn’t show up to purchase one and everyone was all “Perhaps there isn’t such a great demand after all.”
Hi. I'm Daniel John Kelley. I write plays. Welcome to my website.
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