Wikipedia: Tulip Mania
In February 1637, the Dutch tulip market had grown to the point that a single bulb sold for more than 10 times the annual income of a skilled craftsworker. Then, almost overnight, the market crashed completely.
In February 1637, the Dutch tulip market had grown to the point that a single bulb sold for more than 10 times the annual income of a skilled craftsworker. Then, almost overnight, the market crashed completely.