4 ms·

Tulip Mania: the classic story of a Dutch financial bubble is mostly wrong: https://theconversation.com/tulip-mania-the-classic-story-of-a-dutch-financial-bubbl

• mmastrac 5y ago
  While the story itself might be inflated, it still shows that a bubble doesn't have to be at the start of the market. And the South Sea company collapse far beyond its founding _definitely_ had ramifications.
  • exdsq 5y ago
    I don't know if you read that link or have read elsewhere on the topic but modern economists argue the tulip mania thing wasn't even a bubble and if it was, it was far smaller than you probably assume. Even the wikipedia page covers these topics quite nicely.