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Dutch Tulips, Keukenhof Gardens, Holland - 0789 | by HereIsTom
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Dutch Tulips, Keukenhof Gardens, Holland - 0789

In February 1637 tulip traders could no longer get inflated prices for their bulbs, and they began to sell. The bubble burst. People began to suspect that the demand for tulips could not last, and as this spread a panic developed. Some were left holding contracts to purchase tulips at prices now ten times greater than those on the open market, while others found themselves in possession of bulbs now worth a fraction of the price they had paid. Allegedly, thousands of Dutch, including businessmen and dignitaries, were financially ruined.

 

Please see here the compleet Keukenhof Set ❁

© www.tomjutte.tk

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Taken on May 8, 2006