The truth about tulip bubble history - financial history

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re:The truth about tulip bubble history - financial history.The tulip bubble, also known as the tulip effect, originated in the 17th century in the Netherlands. It is called the earliest recorded speculation in human history. In the 17th century, tulips in the Netherlands sparked an unusual frenzy on the flower market, with the supply of tulip bulbs outstripping supply and prices skyrocketing. The "tulip bubble" of the Netherlands showed the various elements and links of all speculative activities in human society, especially in financial speculation: the craze for wealth, the effect of sheep, the complete loss of rationality, the final collapse of the bubble and the destruction of millions of people.

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