tulip mania
Dutch bulb frenzy
Tulip mania refers to any speculative bubble where prices for an asset rise far beyond intrinsic value before crashing.
The term comes from the Dutch tulip bulb craze of the 1630s, when rare varieties briefly commanded extraordinary prices.
Now applied to modern frenzies: Critics called the NFT boom tulip mania.
The term implies irrational exuberance and inevitable collapse. (Capitalized Tulip Mania refers to the historical event.)
- bubbleAir-filled film sphere
- crazeShort-lived popular obsession
- speculative bubbleOvervalued assets awaiting collapse
- speculationUnproven theorizing or risky investment
- hysteriaUncontrollable emotional excess
frenzy · bulbs · herd mentality · dot-com bubble · asset bubbles · boom and bust · social contagion · overvaluation · cognitive bias · housing bubble · fever · madness · behavioral economics · folly · crash · collapse · irrational exuberance · greater fool theory
- DutchDutch, Holland, Amsterdam, Netherlands, Rotterdam
- fadspet rocks, hula hoops, fidget spinner, mood rings, Tamagotchi
- economic historystock market crash, Industrial Revolution, trade routes, Great Depression, gold standard
- Dutch ArtRembrandt, Dutch painters, Dutch Golden Age, Dutch paintings, Vincent van Gogh
- Dutch farminggreenhouses, dairy farming, polders, dairy farms, Dutch cheese
- Dutch heritageAmsterdam, Rotterdam, The Hague, Utrecht, Delftware
tulip maniamarket crash
Sudden market decline
bear market · fire sale · panic selling · market panic · bust
tulip maniagold standard
Measure of ultimate quality
treasury bonds · blue chip stocks · safe haven assets · land ownership · government bonds
mania, maniac, manic, tulip, maniacal, tulips, maniacally, manias, maniacs