Re:Wall Street Banks Warn Downturn Is Coming
by dmoy on Wednesday August 23, 2017 @10:53AM
(#15081936)
I'm not following, nowhere in that article does it say there was no boom/bust of tulips.
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Re:Wall Street Banks Warn Downturn Is Coming
by sol_remmy on Wednesday August 23, 2017 @10:56AM
(#15081961)
The article states 1) it was a boom/bust and 2) the boom/bust was caused by government regulation.
It states that Tulipmania was a rational response to anticipated government regulation that would let investors cancel their futures contracts for only a small fee.