TULIP MANIA. Why do FINANCIAL BUBBLES form?

Описание: Tulip Mania, which occurred in the 17th century during the Dutch Golden Age, was marked by an extraordinary economic craze surrounding tulip bulbs.

At the height of Tulip Mania, the demand for tulip bulbs reached unprecedented levels, and prices soared to astronomical heights. The speculative bubble eventually burst, leading to a dramatic economic downturn. The Tulip Mania serves as a cautionary tale about the dangers of irrational exuberance and speculative trading.

This brief exploration sheds light on the origins, progression, and consequences of Tulip Mania. Delve into the history of this captivating event, where a simple flower captivated the imaginations of many and, for a brief period, became the center of a financial frenzy that left a lasting mark on economic history.

00:00 Intro
00:31 Tulip Mania
02:37 The tulip crash
03:56 The truth about tulip mania
05:43 Financial bubbles
06:54 Railway bubble
07:42 Dotcom bubble
08:42 Housing bubble
09:51 Bitcoin
10:36 Why do bubbles form?

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