Haha one of the classic bubbles. Looks absolutely stupid looking back, but I'm pretty sure future generations will look at our bubbles and think the same.
I agree. That feeling of being left out when everyone's making vast riches.
I think that bubbles share common indicators , like the end bust you're referring to. The last ones holding the hot potatoes, in your case, the tulips, are always the ones who have to pay for everyone's speculative greed.
The famous tulip bubble from 300 years back ?
Yup, the Dutch Tulip Bubble. I think it was the first documented bubble. Or maybe the South Sea one was earlier. That one even fooled Isaac Newton.
Haha one of the classic bubbles. Looks absolutely stupid looking back, but I'm pretty sure future generations will look at our bubbles and think the same.
I agree. Looking back, all bubbles look silly. But when you're in one, you feel foolish for not taking part.
Interesting how all bubbles end the same way - when no buyers show up.
I agree. That feeling of being left out when everyone's making vast riches.
I think that bubbles share common indicators , like the end bust you're referring to. The last ones holding the hot potatoes, in your case, the tulips, are always the ones who have to pay for everyone's speculative greed.