ASMR: Tulip Mania, The First Economic Bubble, History Facts | Ear-to-ear Whispering

During what historians call the Dutch Golden Age, tulip bulbs became objects of intense value speculation, with contract prices for rare varieties rising dramatically before collapsing, equally dramatically, in 1637. The story is often described as the first recorded speculative bubble, but is it? In this video, we find out that its effects on the wider Dutch economy may have frequently been exaggerated. I was also surprised to learn that a large number of the tulip varieties traded in this period are completely extinct now. Another thing that I found quite interesting was that it appears as though the majority of trading was not to buy or sell individual tulip bulbs directly, but instead contracts to fulfil purchase orders to trade tulips at future times. Thank you for relaxing with me. Kind regards, Harry --- If you want to support me, you can get ad-free videos, behind-the-scenes content, extra lore, the ability to vote on new videos, and close-up looks at props on Patreon:   / somereadingsasmr   Throne: https://throne.com/somereadingsasmr Instagram:   / somereadingsasmr   TikTok:   / somereadingsasmr   X: https://x.com/readingsasmr --- What is ASMR? Autonomous Sensory Meridian Response (ASMR) is a pleasant physical sensation that can be triggered by various stimuli. ASMR videos, therefore, focus on creating an environment conducive to helping you experience ASMR. ASMR is a unique and scientifically established feeling that some people experience. It is often described as a tingling sensation on the skin of the scalp and back of the neck, and is usually accompanied by an increased sense of relaxation, sleepiness, or focus. ASMR videos are used in many ways, commonly as study aids, sleep aids, and comfort for anxiety.