I read about this too, but a friend who had dug deeper into the Tulip mania than me said it's apocryphal. 👀
apocryphal? Can you clarify?
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meaning it didn’t really happen or most what we heard aren't true, and I could ask some books' name for you to dig. 👀
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I understand that it only lasted for 6 months, but to say it never existed is a bit of a stretch. I don't think this is well explained. What are the arguments for claiming such a thing?
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There have been some articles noting that while there was indeed a craze that crashed, it didn't lead to bankruptcy or financial ruin for anyone. So it'd be like, say, discussing Beanie Babies as a financial crisis.
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