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Here's the interesting thing about tulips: after the bubble popped, bulbs recovered to a stable and profitable price, and the Dutch have been exporting them in
by samatman 4y ago
Here's the interesting thing about tulips: after the bubble popped, bulbs recovered to a stable and profitable price, and the Dutch have been exporting them in great numbers ever since. Tulip mania was a resounding success and an enduring source of wealth for the Netherlands.
No direct analogy intended but it's an important historical fact. A lot of money was made on the South Seas as well.