Inflation signals, the bubble bursts.
Inflation signals, the bubble bursts.
The first bubble burst Comes from tulips, known as The Dutch Tulip Mania Bubble, occurred during the years 1600-1700 in the Netherlands. It was the Golden Age of the Dutch. booming economy prosper together So there is a common extravagance. In those days, tulips were not native plants. And it looks too beautiful for millionaires. It's estimated that anyone who owns it is considered high society. The more colors there are, the more rich it means. Then there was the diligence to find tulips to grow together. But the demand is greater than the supply, so a future contract for tulip trading (Future Contract) occurs when there is a contract. Merchants are interested in the idea to speculate. until the price of it soared to the extent that the land could be traded until the trade was interrupted. Everyone started selling contracts. The price plummeted within a month. That caused the Dutch economy to stagnate for several years. And then the golden age of the Dutch ended.
This tulip bubble crisis It is similar to the Tom Yum Kung Crisis in Thailand. caused by people's desire to speculate Until the bubble burst loudly!
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