Although the tulips in the Netherlands are world-famous, the origin of tulips is not the Netherlands, but Turkey on the east coast of the Mediterranean. After being introduced to Holland, people were quickly impressed by the amazing beauty of tulips.
It was16th century. The Dutch have the title of "sea coachman", and many local tyrants have been born in the transportation industry. The bad atmosphere of showing off and comparing with each other is quite popular. However, at that time, after all, there was a shortage of materials and there was not much to show off. The most striking things are luxurious houses and colorful gardens. At that time, it was not like showing off in a circle of friends. The owner of the house had to find an excuse to invite people to show off at home in the name of a party. Beautiful and expensive tulips have become the "wealth-showing artifacts" of local tyrants.
As a result, everyone in the industry knows that this kind of flower is very sought after by the rich and has been in short supply. Since the day it appeared, the price has been rising steadily. In a few years, the price of an ordinary tulip can be worth a month's salary of an ordinary Dutchman!
Inverting tulip bulbs has gradually become a hot business. As long as you try to buy some, you will definitely sell them to make money. Soon, those middlemen who specialize in making price differences appeared. They buy tulip bulbs from farmers and sell them to the vain rich at a higher price.
At that time, every Dutchman had a so-called "classmate" or "colleague", and their similarity was "making a fortune by flipping tulips". Under the influence of false rumors, the Netherlands has entered the national flower speculation mode. People took out their savings and family members, tried their best to buy tulip bulbs, and then waited for the right time to sell them. The prosperous market and rich profits even attracted businessmen from other European countries, who crowded into the Dutch flower market with cash flow and sweat.
Huge demand stimulates huge planting, but plants eventually have a growth cycle, which seriously lags behind the strong market demand. As a result, buyers spend too much money to sell. Facing the huge demand, tulips will be booked in advance next year-as long as they sign a paper contract with the flower farmers, tulips will be their own. Watching the value of the contract increase every day, you can make money while lying down, and the contract holder can laugh even in his dreams.
There are so many tulips planted in the field that the spot is sold out, and the goods for next year are also sold out. Who can save those hungry buyers? Greedy eyes stared at the signed contract. The original low-price contract can now be realized at a higher price, so the tulip trading market has become a contract trading market and the spot trading market has become a futures trading market.
From the date of signing the contract 1 day, it began to sell and change hands. Not long after, some people who specialize in buying and selling contracts appeared in the flower market. These people have no interest in tulips, and may not even have seen what tulips look like, but this does not prevent them from making a fortune through sales contracts. These people are professional futures speculators.
In the second half of 1636, an ordinary tulip can be sold to 1500 yuan, which is the total income of an ordinary Dutchman who doesn't eat or drink 10. Those rare varieties, the price is as high as 7000 yuan, which is almost the income of an ordinary Dutchman for a lifetime. At that time, the carved tulips had become a luxury that was hard to find.
But tulip is a kind of plant with a flowering period of only over 4 months, and its reproductive ability is also very strong. Driven by high profits, it will inevitably flood the streets and alleys of the Netherlands, so its high price is unreasonable, and its price has long exceeded its actual value. The prosperity of tulip market is just a big bubble.
This obvious truth was also understood by the Dutch 380 years ago. There are many generalists who know both flowers and investment. They know that the current price is unreasonable, but they will still rush into the market to buy it, because they firmly believe that the price of this thing will keep rising, and no matter how high the price is, someone will always buy it at a higher price.
/kloc-in the spring of 0/637, those bulbs that were resold countless times finally survived and were planted in the ground. Crazy investors suddenly realized a real problem: the things traded in these priceless contracts are tulip bulbs, which will be planted in the ground in a few months, and then the contract will lose its effectiveness-in other words, being planted in the ground is the end of the tulip bulb trade!
After realizing this problem, those who put the contract at the bottom of the box waiting for the price increase began to sell the contract, and those who had been holding money for the contract suddenly stopped-since so many people sold it, they couldn't buy it, and it was definitely a loss! The more people sold, the more the price fell, and the fewer people bought, so tulips ushered in a plunge mode, and the bubble finally lasted until the moment it burst.
In just two months, the price of tulips dropped day by day, with an average drop of 90%. I paid 1000 a few days ago, and now it's worth 100. It will be cheaper in a couple of days, and I can't sell it if I want to. At the same time, it is suddenly discovered that some contracts have been changed hands an alarming number of times, and many of them are reached in the form of debts. So every vendor is looking for debt collection, which has triggered a series of debt disputes. A few years ago, people from all walks of life in the country took money to pour tulips. Tulips are worthless now. Most of these people went bankrupt directly, and they were in no mood and ability to continue to return to their old jobs, which brought serious turmoil to the whole society. (Jia Jiali Cai Xiao)