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In Holland in the 1600s the price of tulips rose so much that a single bulb reportedly cost more than a townhouse on Amsterdam's grand canal. Today we look at the real story behind one of the greatest bubbles in history. - What is a tulip?
- Why are things expensive?
- Why were tulips so expensive in Holland?
- Why were some people in Holland so rich?
- How tulips grow
- Tulip contracts
- The greater fool theory
- When the market crashed
- What really happened
- Have we learned our lesson?
- (BONUS) How to not lose all your money in a financial bubble
Full transcript and key vocabulary available on the website www.leonardoenglish.com/podcasts/tulipmania
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More about Leonardo English and the English for Curious Minds podcast
Learning English shouldn't be boring. It should open your mind. English Learning for Curious Minds is a podcast aimed at intermediate level English speakers and above, where listeners learn fascinating things about the world while learning English. There's no small-talk, no boring grammar exercises or vocabulary drills. You'll learn English by listening, by hearing real conversations and real English, spoken by native speakers, and at a speed you can understand. Listeners can subscribe to Leonardo English to get a copy of the transcript and key vocabulary for every podcast. It's English learning, but for curious minds. |