Dutch Tulip Bulb Bubble Bursts…Again
The Dutch were fooled again and fell victim to the siren's song of tulip bulbs:
Over there in the Netherlands, court proceedings are starting this week on the "biggest speculation fraud ever in the Netherlands", according to a national newspaper that ran a big story about it . Investors have lost tens of millions of euros in what turned out to be a big pyramid scheme.
Now for the ultimate irony. Any ideas what these people were investing in? Tulip bulbs. Reallyguess santayana will be smiling in his grave
