Tulip Mania 1637: The World's First Financial Bubble.

2 years ago
22

Market bubbles are a common part of the financial system, but they're often misunderstood.
In this video, we'll uncover what a bubble is, how it works, and why it's so important to understand them.
We'll also explore the history of tulip mania, which some argue to be the world's first financial bubble.

The tulip bubble is the world's first financial bubble. It occurred in the 17th century, and it was based on speculation. The Dutch were trading tulips as a commodity, and they were buying them high and selling them low—which is basically how all bubbles work.

It's important to understand that there is no such thing as a "tulip mania" or a "tulip crisis." These terms are used by people today who don't understand what happened back then, and they're always used in reference to the Dutch tulip trade.

The Dutch were trading tulips as a commodity, but they weren't buying them high and selling them low—they were just buying them at whatever price they could get for them! And then when everyone saw everyone else buying up these flowers, they got excited about making money off of it too, which drove up prices even more.

So basically what happened here is that there was this really great flower that everyone wanted because it was so beautiful and unique looking; however, no one understood how much demand there would be for these flowers until everyone started seeing other people buy them up! So then those people wanted

After watching this video, you'll have a better understanding of how market bubbles work and will be able to tell if one is forming in your own portfolio or an industry you follow closely.

____________________________
🕐 Time Stamp:

00:00 Introduction
01:14 What is Tulip mania
05:56 How to support the Channel? 🤑
06:12 Bubble Burst
09:09 Learnings from Tulip mania
____________________________

For more content like this VISIT our 🤑 YouTube 🤑 Chanel:
https://www.youtube.com/channel/UC64k4QOpjNxNtL62l9YAKtg

____________________________
Awesome Goodis 👇
Do you want to develop yourself personally and financially?
Here are some amazing products that can get you where you belong.👇

✨ Investing in dividend stocks is a great way to create a passive income stream. By investing in high-quality companies with strong track records of paying dividends, you can build a portfolio that will provide consistent income payments for years to come.
➡️ https://bit.ly/high-dividend-stocks

✨ Has HIGH Inflation Affected Your Financial Situation? Not Enough Money To Pay Your Bills? Or Just Struggling Pay Check TO Pay Check?
Here Is How You Can Fix It IMMEDIATELY!
➡️ https://bit.ly/miracle_money_magnet

✨ Looking for something that could elevate your trading results up to a new level and therefore the quality of your life?
➡️ https://bit.ly/forexstarligh

✨ Learn the NFT Secrets that 99% of people don’t Know yet.. Will you grab it before it's too late to cash in on this gold rush?
➡️ https://bit.ly/club-nftninja

✨ FX Power Trades, a fully automated trading solution for Retail Traders.
➡️ https://bit.ly/FX-POWER-TRADES
____________________________
💸 Do you want to support our channel❓
Then visit our Merch Shop and carry our message into the world.
Become part of the 101 family
https://bit.ly/Financial-E-Merch_Shop
____________________________

#finacialeducation #tulipmania #stockmarket
____________________________
DISCLAIMER: We are not financial advisers. These videos are for educational and entertainment purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your responsibility.
The Links under “awesome Goodis” are affiliate links, meaning if you make a purchase using the link, We will receive a small commission at no extra charge to the buyer.
____________________________

Loading comments...