Whatever your view on the Tulip bulb analogy, that has no relevance to this story. This is a story of traders with bad risk management who blew themselves up wi

Whatever your view on the Tulip bulb analogy, that has no relevance to this story. This is a story of traders with bad risk management who blew themselves up with leverage. That is a story that has played out plenty of times in the past on every other type of asset (housing, stocks, FX) as well.