Bubble companies


Bubble companies
   “Bubble companies” were created in the beginning of the 18th century as a consequence of a strong tendency toward speculation. Most of the new “companies” were not solid, and many went bankrupt in 1720. Earlier, in 1630, “tulipomania” had led to similar speculation in tulip bulbs.
   See also Flower cultivation.

Historical Dictionary of the Netherlands. . 2012.

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