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Everyone knows that tulips are the national flower of the Netherlands, but in fact tulips are not just a symbol of beauty for the Dutch.
Who would have thought that a tulip of 5 Euros on the market actually shocked the entire Netherlands at the beginning of the 17th century, and it was called "the tulip frenzy" in history!
#worthknowing
According to records, European tulips originally came from the Ottoman Turkish Empire in the east (1299-1922). In Turkish, the Tulip is also used to praise the beauty of young girls.
The story of Dutch tulips begins with a botanist Carolus Clusius of Leiden University. Since 1573, he has been diligently planting tulips in a small garden in Vienna for many years.
#worthknowing
After nearly 20 years of research, he finally published his first tulip book, in which he recorded in detail the changes in tulip colors in different periods. In 1593, Carolus Clusius was appointed director of the newly formed Hortus Botanicus at Leiden University.
The new officer took three fires, and Clusius poured his passion and knowledge of tulips into his private garden. Hortus Botanicus Leiden, as the first botanical garden in the Netherlands, successfully became a famous tulip teaching garden at the time.
How successful was it? Success to the extent that was remembered by the "flower thief"! Due to the short introduction time and limited number, tulips were hard to find at the time.
When the flowering season came the following year, his garden was repeatedly stolen, and the blooming tulips were secretly taken home by the neighbors who had been "scratched" for a long time.
From the end of the 16th century to the beginning of the 17th century, this Tulip country ushered in its own golden age. Following the victory of the Dutch bourgeois revolution, the seven northern provinces of the Netherlands declared themselves out of Spanish control & became...
independent nations. At that time the Netherlands was called the "coachman by the sea". The purchasing power of the Dutch has greatly increased, and people's love for Tulips has gradually increased, from a pure aesthetic preference to a symbol of status and status.
The exotic and beautiful tulips are loved by the high society. No matter whether they are nobles or businessmen, everyone starts to collect imported Tulips like precious paintings. Soon, there was a trend of Tulip comparisons in the Netherlands.
The more exotic varieties became more popular. It is regrettable that a brightly-colored motley Tulip that was very popular at the time was actually the result of a virus infection. Beginning in 1634, the pursuit of Tulips fell into a frenzy.
At that time, the financial industry in the Netherlands was developing rapidly, providing an unprecedented opportunity for such a tulip fanatic. Historians write:
"Whether it is aristocracy, citizen, peasant, craftsman, boatman, entourage, buddy, even chimney sweeper and old woman in old clothes shop, no matter where they are, At every level, people convert property into cash and invest in this flower."
#worthknowing
In 1636, Tulips were listed on the Amsterdam and Rotterdam stock exchanges, and people could not wait to start a new financial adventure. As long as you buy low and sell high, there will be profits, and the entire people will become "Tulip Investors."
The cheapest monochrome Tulips also cost more than 1000 guilders. As per records, at the time, "a tulip worth 3000 guilders can be exchanged for 8 fat pigs, 4 fat bulls, 2 tons of cream, 1000 pounds of cheese, 1 silver cup, 1 bag of clothing, 1 extra bed with a mattress & a boat.
Even an ordinary tulip bulb, the price can be increased 10 times in a day. The price of rare varieties of flowers has been speculated to sky-high prices. Gradually, no one really wanted tulips. Everyone just bought and sold them, and made huge profits. This pure greed began to...
sweep across the Netherlands. From February to May 1637, tulip prices in the Netherlands plummeted. No one knows who is the first person in the market to call a low price. Everyone wants to sell quickly and stop the loss in time.
Gradually, the price of tulips kept falling, and the domino effect occurred. According to records, many tulip merchants at the time refused to fulfill the sales contract. The Dutch government has tried to prevent a market crash by subsidizing 10% of the contract value.
However, the panic of the crowd could not be controlled & people hurriedly sold the tulips in their hands regardless of the loss. In the end, the Dutch government could only intervene forcibly, declaring the event a gambling event, exempting delivery & ending the economic bubble.
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