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buying behavior
Dec 13, 2021 00:56
2 yrs ago
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English term

tulip mania

GBK English to Bosnian Bus/Financial Business/Commerce (general)
Definition from Economic Times:
Tulip mania is used as a metaphor to describe an economic bubble. People start investing in a particular asset in large quantities because of positive sentiments about it. This pushes the prices of that asset to very high levels. After reaching a peak, prices suffer a sharp fall due to an extensive sell off, leaving the asset holders bankrupt. These assets are metaphorically called tulips.
Example sentences:
Tulip mania gets brought up again and again, as a warning to investors not to be stupid, or to stay away from what some might call a good thing. (The Conversation)
The enduring power of so-called Tulip Mania means it still gets trotted out in 2018 when people talk about Bitcoin, which reached a record high last November, but has since fluctuated in value. (BBC.com)
But even if a form of tulip mania did strike Holland in 1636, did it reach every rung of society, from landed gentry to chimney-sweeps? Goldgar says no. Most of the buyers were the sort you would expect to be speculating in luxury goods—people who could afford it. (History)
Change log

Nov 15, 2021 10:23: changed "Kudoz queue" from "In queue" to "Public"

Dec 13, 2021 00:56: changed "Stage" from "Preparation" to "Submission"

Dec 16, 2021 01:57: changed "Stage" from "Submission" to "Selection"

Dec 23, 2021 01:54:

Jan 12, 2022 01:54:

Feb 11, 2022 01:54:

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