Friday, February 3, 2012

The Day the Tulips Wilted

Tulips are beautiful.  So beautiful they became objects of greed and envy.  Nowhere moreso than in 17th century Holland.  Tulip bulbs became a frenzied market, and eventually the most expensive commodity in the world.  Until February 3, 1637.  

File:Tulip price index1.svg
This little chart shows how the tulip market wilted, rather quickly.  Fortunes that had been made vanished.  Happy 375th anniversary of the end of Tulipomania.



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