February 15, 2021
FIELD of tulips in The Netherlands.
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The 21st century tulip bubble?
ActivTrades
THE 1600s were undoubtedly the Dutch golden age, a period during which the European country became a leading arts, science and military global power. As Holland became rich and powerful so did its citizens, with many using growing disposable incomes to invest and speculate, creating a thriving financial market where concepts such as future contracts were first traded. It was around this time that occurred one of the most famous and bizarre episodes in the history of finance: The tulip bubble.
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