Tulipmania!
Learn more about the world's first speculative bubble
Everything Everywhere Daily: History, Science, Geography, & More
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Show Notes
In the 17th century, the Netherlands was struck by the world’s first investment bubble. They weren’t investing in stocks or bonds or real estate. They were investing in…..tulip bulbs. Tulip bulbs became a mania and even common people were spending money on tulips. The price of some tulip bulbs rose so high that at one point a single bulb was worth 10 times the annual salary of a laborer. Learn more about Tulipmania on this episode of Everything Everywhere Daily.
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