💯 💯 Tulip bulb-history does not teachsteemCreated with Sketch.

in life •  6 years ago 

Here she is the heroine of the story-Tulip bulb (crypt). Famous historical character
In the 1630s, the Netherlands was in a state of economic prosperity and became the main trade and financial centre of Northern Europe. Thanks to the success of the Dutch West Indies company, which colonized a number of lands, including part of the Portuguese Brazil, many made a decent capital that had to be invested in something. Fashionable and expensive tulips (crypt) came at an opportune moment.
Initially, the trade of exotic plants was conducted in April-may, that is, during their flowering, but with the growth of demand there were speculators who began to sell bulbs(crypt), and then just receipts for the right to purchase them in the future. That is, sellers sold tulips (crypt), which they did not have or which did not exist in nature.

https://images.golos.io/DQmZ3eFPtrb4Q9WT8tSzVSuzeksqWY9ZT39zRPRCD7BKAPB/066%20(1).jpg

n the Tulip(cryptic) pool rushed headlong and ordinary people. It was something of a "feast" during the plague that raged in 1633-1637. In the face of a deadly disease, the financial risks didn't seem significant, and many were willing to invest in popular flowers all they had. The craze for tulips went down in history under the name "Tulip mania"(cryptomania) (tulpenmanie). The peak of flower fever occurred in December 1636 - by this time the price of tulips rose 20 times compared to October of the same year. There is a legend that in that amazing period of history of the Netherlands one English sailor was put behind bars only because he ate an onion(crypt). The poor man stole a trophy from someone's garden, confusing it with an ordinary bow. At a cost of "dish" turned out to be the equivalent of the annual diet of the entire crew of the ship.
The most expensive flower was a rare red-white Tulip (crypt) Semper Augustus, its cost reached 3000 florins. In those days it was a huge sum! There were jokers who made lists of good that could be bought on them: 8 well-fed pigs, 4 oxen, 12 fattened sheep, 24 tons of wheat, 48 tons of rye, 2 barrels of wine, 4 barrels of beer, 2 tons of oil, 500 kilograms of cheese, a bed with a mattress and bed linen, a suit, a silver mug and a ship that could take it all.
In January 1637, when new market participants could not afford even the cheapest bulb (crypt), the bubble burst. On April 27, 1637, the government banned futures contracts. As a result of the sharp fall of the market, thousands of ordinary people went bankrupt. However, the state did not interfere in disputes between buyers and sellers, as the market of tulips(crypts) developed in isolation from the country's economy. And she suffered very little.

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