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Mira Norian / Investopedia The Dutch tulip market bubble was a market crash in the 1600s, when speculation drove the price of tulip bulbs to extreme highs. What Was the Dutch Tulip Bulb Market Bubble?
And then, when the bubble inevitably burst, the crash came: Tulips lost their value, traders went bankrupt—some even drowned themselves in Haarlem’s canals. The Dutch economy took a hit and ...
But in the past we’ve had dotcom stocks, the 1929 crash, 19th century railways and the South Sea Bubble of 1720. All these were compared by contemporaries to “tulip mania”, the Dutch ...