The Dutch tulip bulb market bubble was one of the most famous asset bubbles and crashes of all time. Tulips sold for approximately 10,000 guilders at the height of the bubble, equal to the value of a mansion on the Amsterdam Grand Canal. ...
1633 - c. 1637 The Dutch Tulip Bubble (“Tulip Mania”) was a speculative frenzy in 17th-century Holland over the sale of tulip bulbs. Tulips were introduced into Europe from Turkey shortly after 1550, and the delicately formed, vividly colored flowers became a popular if costly item. The...
People were basically futures contracts with an expectation that they would always find somebody who would pay more. The connection between the price of notes and the value of underlying Tulips was long cut. The first irrational economic bubble of the modern history had emerged. People were findin...
The Dutch tulip bulb market bubble (or tulip mania) was a period in the Dutch Golden Age during which contract prices for some of the tulip bulbs reached extraordinarily high levels and then dramatically collapsed in February 1637. Metaphorically, the term “tulip mania” is now often used to ...
The Dutch tulip bulb market bubble was one of the most famous asset bubbles and crashes of all time. Tulips sold for approximately 10,000 guilders at the height of the bubble, equal to the value of a mansion on the Amsterdam Grand Canal. ...
History's first major asset bubble. Tulips were introduced to Europe from the Ottoman Empire in the mid-1500s and became very popular in the Netherlands. As they grew in popularity,pricesfor tulips rose steadily, then unsustainably, in the 1630s. Prices suddenly collapsed in February 1637. In...
15、Finance has a history of messing up, from the Dutchtulipbubble in 1637 to now.(从1637年的荷兰郁金香泡沫到现在,金融业有一段混乱的历史。) 16、In the lake floated a largetulipleaf. This was Thumbelina's little boat.(湖里漂着一片大郁金香叶子,这是拇指姑娘的小船。) ...
(过高的) level, few people bought them for planting in their gardens. The real demand for the flowers was exaggerated(夸张,夸大) by people who were buying them for speculation(投机), not appreciation(欣赏). The bubble(泡沫) finally burst(破裂) in 1637. Soon the nobles(贵族) became poor ...
4. I´ll tell him--it was for bringing the cook tulip-roots instead of onions. 我要告诉他——这是因为你没给厨师拿洋葱,而拿了郁金香的根。 5. Finance has a history of messing up, from the Dutch tulip bubble in 1637 to now. 从1637年的荷兰郁金香泡沫到现在,金融业有一段混乱的历史。相...
5. Finance has a history of messing up, from the Dutchtulipbubble in 1637 to now. 从1637年的荷兰郁金香泡沫到现在,金融业有一段混乱的历史。 youdao 6. The Turks often gave the Europeanstulipbulbs as gifts which they would carry home with them. ...