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.
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.