Quote of the Day | 0222
Tulips were sold for crazy prices – the price of houses – and fortunes were won and lost. It was the foolishness of newcomers to the market that set off the crash in February 1637. Desperate bankrupts threw themselves in canals. The government finally stepped in and ceased the trade, but not before the economy of Holland was ruined.
Yes, it makes an exciting story. The trouble is, most of it is untrue.
Anne Goldgar, Tulip mania: the classic story of a Dutch financial bubble is mostly wrong
[x]#13796 fan donderdag 22 februari 2018 @ 22:23:04
