4 hours ago
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Kemal Yaylali liked this
"One of the most famous market bubbles of all time, which occurred in Holland during the early 1600s when speculation drove the value of tulip bulbs to extremes. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person's annual salary.
Investopedia Says... The tulip was brought to Europe in the middle of the sixteenth century from the Ottoman Empire. Holland's upper classes soon competed for the rarest bulbs as tulips became a status symbol." - Erhan Erdogan
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Etymology: Tülbent (some kind of a headscarf) -> Tulip :)) - Kemal Yaylali

