engineergurl
Resident Sweet Cheeks
- Joined
- Apr 30, 2008
- Messages
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^^ yup, and if no one wants the tulips...
you put them on your organ, or your pianoI was just wondering, if you pay for tulips, where do you put them?
One of the most famous market bubbles of all time, which occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.
The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol.
By 1636, tulip bulbs were traded on the stock exchanges of numerous Dutch towns and cities, encouraging all members of society to speculate in the markets. Many people traded or sold possessions to participate in the tulip market mania. Like any bubble, it all came to an end in 1637, when prices dropped and panic selling began. Bulbs were soon trading at a fraction of what they once had, leaving many people in financial ruin.
Same thing happened in 1929 with stocks. Everybody got into it because everybody was getting rich with them.A little history lesson from Investopedia.com:
One of the most famous market bubbles of all time, which occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.
The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol.
By 1636, tulip bulbs were traded on the stock exchanges of numerous Dutch towns and cities, encouraging all members of society to speculate in the markets. Many people traded or sold possessions to participate in the tulip market mania. Like any bubble, it all came to an end in 1637, when prices dropped and panic selling began. Bulbs were soon trading at a fraction of what they once had, leaving many people in financial ruin.
I was begining to think I was the only one who was going to understand my reference...A little history lesson from Investopedia.com:
One of the most famous market bubbles of all time, which occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.
The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol.
By 1636, tulip bulbs were traded on the stock exchanges of numerous Dutch towns and cities, encouraging all members of society to speculate in the markets. Many people traded or sold possessions to participate in the tulip market mania. Like any bubble, it all came to an end in 1637, when prices dropped and panic selling began. Bulbs were soon trading at a fraction of what they once had, leaving many people in financial ruin.
Tech Stocks Late 90's vs. early 2000s.
Real Estate after that.
Or thecabbage PatchGarbage Pail Kid craziness of, what was it, 1982?
Office gives away old computers to be reused by employees, then IT gets upset when we format and rebuild them with the proper OS (Vista sucks) cause the automatic updates make our network crawl to a snails pace. Can't get my bosses computer updated during work hours, so now I gotta stick around after hours to babysit the friggin thing...
You played with dolls that weren't GI Joe? Wow.^ I saw those on Pawn Stars a few weeks ago. Apparently they can bring some decent money now. I'll have to see if I can dig up my collection.
You played with dolls that weren't GI Joe? Wow.^ I saw those on Pawn Stars a few weeks ago. Apparently they can bring some decent money now. I'll have to see if I can dig up my collection.
Not that there's anything wrong with that.
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