I thought this might be a timely review of manic and panic behavior by large groups of people suffering from mass delusion. At least tulips are lovely and smell nice.
The Real Story of the Dutch Tulip Bubble Is Even More Fascinating Than the Myth You’ve Heard
May 2019 by Mette Lützhøft and Sarah Green Carmichael
In the (forgettable) sequel to the movie Wall Street, Gordon Gekko lays out the basic outline of the tulip bubble story as most people know it:
“Back in the 1600’s, the Dutch got speculations fever—to the point where you could buy a beautiful house by the canal in Amsterdam for the price of one bulb. They called it tulipmania.”
Gekko reminds us that tulipmania is remembered as a kind of mass delusion. A frenzy for tulips which quickly reached such a fever pitch that prices for bulbs soared. Bulbs could be sold dozens of times before the bulb itself actually changed hands, and eventually some bulbs ended up selling for the value of a mansion.
And then, when the bubble inevitably burst, the crash came: Tulips lost their value, traders went bankrupt—some even drowned themselves in Haarlem’s canals. The Dutch economy took a hit and plunged into an economic crisis.
It’s a dramatic story that’s been used countless times to warn us against asset bubbles. There’s just one problem.
It’s mostly a myth.
“But it makes for an exciting story,” Anne Goldgar, professor at King’s College London, says.
In the 1630s the Netherlands was gripped by tulipmania: a speculative fever unprecedented in scale and, as popular history would have it, folly. We all know the outline of the story—how otherwise sensible merchants, nobles, and artisans spent all they had (and much that they didn’t) on tulip bulbs. We have heard how these bulbs changed hands hundreds of times in a single day, and how some bulbs, sold and resold for thousands of guilders, never even existed. Tulipmania is seen as an example of the gullibility of crowds and the dangers of financial speculation.But it wasn’t like that. As Anne Goldgar reveals in Tulipmania, not one of these stories is true. Making use of extensive archival research, she lays waste to the legends, revealing that while the 1630s did see a speculative bubble in tulip prices, neither the height of the bubble nor its bursting were anywhere near as dramatic as we tend to think. By clearing away the accumulated myths, Goldgar is able to show us instead the far more interesting reality: the ways in which tulipmania reflected deep anxieties about the transformation of Dutch society in the Golden Age.
Literary logrolling.
Funny, sometimes revisionist history bankrupts you and lands you in jail and other times you win awards.
Isn’t that weird?
It is and I’m glad you brought that up, HSF.
Is why I just dropped it here as “food for thought” about the current panic buying of toilet paper. I imagine people standing on the street begging for a strip of toilet paper.
And, of course, you probably are familiar with this but it’s a good one.
(I really do NOT have a barn full of toilet paper. Anymore. But, I did insist that we bring ALL the huge packages I’d collected in Oklahoma and we did use them for packing. I don’t keep more than a hundred rolls around now.)
Has anyone considered buying and installing a bidet? Beats tp all to hell and leaves your nether parts spanking clean. As long as you have hot and cold running water and a washable wash cloth, no replacements needed.
LOL… I was billeted in a 4-star hotel in Heerland, Holland while on a joint exercise with NATO one time. My roommate and I just stared at the toilet and bidet and said WTF… the maids brought us toilet paper, but it sure was scratchy.
(EC? AWACS aircrew really were prima donnas then. did the USAF ever put you into a 4 star hotel?)
That’s a photo taken on that trip… I know because we couldn’t take cameras on the plane in the US but NATO were not so neurotic about cameras. Hell, the French guys got mad they couldn’t have wine with their meals inflight. Serious.
(No, that is Gil Morales, a great guy and a flight engineer. We wuz buds, but not Alejandro level buds, if you know what I mean?)
I’m confused, are you a blonde redhead or a brunette redhead? Also, I don’t see any windows. Are you sure that’s an AWACS?
Don’t Start. That’s a road guards out request.
All this activity has stirred up those who like stir.
Look, I don’t know if you think there’s anything to the Karma bullshit or the idea that a Karass really is some sort of cosmic event but after I go finish making my husband a big skillet full of what we call around here “Sloppy Doe” I will send you the Twofer idea and it will blow your beaner mind.
I outlined the idea January 4 and then got compelled to start the Creepy Line research and a whole review of radar theory so I can plow through the 5G stuff.
Some peruse. I devour. Active voice.
Back on the ustafish (any prior submarine one was assigned to was referred to as that until the LA Class named after cities came along), my first submarine, we ran so low on TP that the chief of the watch had to give out two squares at a time to us enlisted. My job as aux of the watch required me to rig the sanitary tanks to blow the sewage overboard. (blowing shitters). When I discovered the wardroom head had plenty of rolls I would repurpose them for our head.
subwo… I don’t know if you’ve read Gulag Archipelago and I don’t blame you if you have not. I had to have hernia mesh removed from most of my intestinal tract 18 months ago, so had a lot of reading and research time on my hands most people just don’t have.
Here’s my cliff notes version because let’s face it… you don’t have to have READ a book to understand its meaning if a good interpreter can summarize:
TP allotment was one ply square each day when available. So poorly fed it was sometimes days between the passing of pebbles. The narrator remembered a man (himself?) counting 21 squares in a tiny little stack one time hands trembling. That added up to starving to death so he gave his stack to the others.
Maggie’s down and dirty on Gulag Archipelago TP policy. And Solsenitzyn said it sometimes helped him to refer to himself in third person because it helped it happen to someone else and not him again. But, he also related stories of others, so he might mean someone else. It is awkward reading. But profound stuff.
Maggie,
Have not read entirely. Though it was a big deal I remember when published in the West when I was in HS. In my school days a friend said that the best thing I could do for a child was to get the Easton press 100 greatest books as a library to give them a basis in western literature. (Michelle W . was second smartest on our HS graduating class and went on to Columbia University followed by Harvard Law school. She died too soon of cancer at 45) I subscribed to the books at $37.50 per month and worked my way through most of them. My son didn’t read them when he was growing up on my recommendation as his school required him to read the ones with the correct UPC code as the teacher had so that everyone was on the same page.
I am finding there are too many things to read and not enough life to do it.
This really is a fascinating article about Tulipmania. And EC was still here being EC.
I really wasn’t focused on the “revisionist” aspect of it, HSF. I find the tulip mania relevant to the current Infodemic about the Pandemic.
it usually just lands me in jail
Sounds to me Dan the Other you walk the talk and have a pair of brass balls.
no… just a thick head
Many years ago, I was on a flight sitting next to a farmer who raised Canna Lillie’s in SW OK. All of his annual production was exported to the Netherlands for packaging and re-export back to the US. He told me they were worth more if they were imported from Holland, than they were as US grown. I guess this highlights the power of marketing and the ignorance of the people.
It makes complete and total sense in a world where a black angus steer costs 10 cents a pound more than a red angus steer.
Explain that one.
Marketing, dear lady, marketing. The black angus promotion people did their jobs well. Everyone knows it around here. But, as the saying goes, if that’s what people want to pay for, that’s what they get. The funny thing is that we have all breeds of cows in the herds, but the bulls are usually black angus in order to get black calves.
Makes no real sense, except for the higher price.
Suddenly, the idea opening a business which dyes Red Angus fur black for just a nickel a pound seems feasible, doesn’t it?
Perhaps remarketing the Corinthian leather is in order.
Black angus bulls. My neighbor just brought in a black angus bull, that sucker is huge. He’s got eight angus cows for his personal use and what does the massive mofo do? He tries to break thru to the other neighbor’s pasture, where there’s a white Charolais cross cow he’s infatuated with. Sometimes she swishes her butt at him, most times she ignores him while he paws the dirt and bellers most piteously, hoping for her attention. Typical male.
“swishes her butt”
You have an eye-catching way with words… no wonder all the horndogs here are hot for you too…
A friend’s dad used to breed his Angus bull with his hereford cows to get a bald (white) face black calf. They were great beef cattle.
Black bawlies.
Bovine affirmative action.
https://www.drovers.com/article/walmart-enters-beef-business-packing-facility-georgia
“The 200,000-square-foot processing facility will employ 350 people and is part of Walmart’s $90 million commitment to supply Black Angus beef to 500 retail stores in the southeast.
In April, 2019, Walmart announced it was partnering with 44 Farms, a Cameron, Texas-based Angus seedstock operation, to create its branded beef program. 44 Farms sources Angus calves from ranchers who use its Angus Strong genetics and send them to Mc6 Cattle Feeders in Hereford, Tex., for finishing.”
Same article:
” 44 Farms manages two feeder-calf programs: the NeverEver3 (NE3) feeder calf program and the new Prime Pursuits feeder-calf program for Walmart. Cattle for the Walmart program receive no hormones, are predominantly “Angus Strong” genetics, able to meet USDA’s definition of Angus,…”
annuit coeptis novus ordo seclorum <<——==
how ironic… angus are sent to hereford (the best breed ever) TX. maybe the feeders don’t get hormones but how about the cows? the story (as fast as i can) my neighbor “industrial farmer” buys dairy calves at auction raises them for beef. talking to him one morning i mention that i have a stag in my herd… he says that they cut all theirs (castrate as opposed to banding) then he tells me they’ve already had 2 w/ three testicles. i look at him funny and he tells me the slang name of the hormone injected into the cows (sex something can’t remember). why? simple big dairies want their cows to come into heat generally at the same time… saves on AI cost. so the calves end up w/ genetic defects… remember, these are dairy animals… what the hell ends up in your milk?
“these are dairy animals… what the hell ends up in your milk?”
Haha, yeah. When you get into the germline genetic mutations…..?? People get all caught up in distractions from what if really going on, IMHO. The video I posted for you; the talk is from closer to ten years ago, some youtoober must have come across it and just posted it a couple years ago. He’s a retired preacher/author/eschatological scholar/publisher, and you can skip to 6 min. in.
I could get into a whole big story about my wife’s family and their history as ranch hand families on some massive spreads in Ok……..and how, these many years later, the nephew and great nephew are leasing grass to move herds, a feedlot venture in Ark….they always talked GMO grass………
It’s the same lie from the beginning, and the same luciferian desire to become as a god……..a little ‘g’
“For God doth know that in the day ye eat thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil.” Gen.3:5
“And I will put enmity between thee and the woman, and between thy seed and her seed; it shall bruise thy head, and thou shalt bruise his heel.” Gen 3:15
annuit coeptis novus ordo seclorum <<——-==
FWIW, I have come to know GCP as a fine man, strong in the Word. He will defend his position admirably………just my two pennies. The world, both believing and non believing, have entered a time where the entirety of God's Creation is being altered……"as it was in the days of Noah"
i never said that he wasn’t… and i agree – “every imagination of the thoughts of his heart was only evil continually” – i mean men in this age -not- GCP
Hey, no prophet bashing!
I agree with you on the Herefords, up to a point. Angus as a general rule are more docile than Herefords, (although we are talking cows here) and I seriously doubt that you could tell the difference between a hereford steak and an angus steak. All marketing hype.
As to hormones, dairy cows get them, beef cows, not so much. Now, if those calves are finished off in a feedlot I guarantee they are getting shit tons of antibiotics because the feedlot conditions are rife for disease creation and antibiotics will put weight on the animals. My own personal theory about why so many Americans are so fat is, in part, due to the consumption of animals fed said antibiotics. Another little mention here is the grain they feed to fatten the cows is probably laced with glycophates and glycophates act like antibiotics in the gut.
As to Hereford, Texas, I wonder if Cactus Feeders has a lot or two up there. Cactus Feeders were the ones who sued Oprah way back when after she made the comment that she’d never eat another hamburger again due to madcow disease.
https://gmoanswers.com/ask/why-did-monsanto-patent-glyphosate-antibiotic-also-medical-establishment-has-been-preaching
can’t speak to angus cows but the last bull i had was half angus half hereford… we did -not- get along.. however, now that he has achieved his highest calling, we’re OK – although sometimes i forget where i put him in the walk-in
i was going to bring up the antibiotics as well but i wanted to stress the hormone thing because animals whose primary purpose “for being” (to freshen the dairy cows) probably account for a sizeable if not majority part of the meat dept. down at the local pick your nose.
That elephant is about to stand up too, isn’t it?
What happens when we’ve poured so many DNA altering substances into our ecosystem and food supply that the system cannot withstand the stress?
I think we are about to find out in a very big way. I thank you Lord for making me extremely and annoyingly nosy.
Fewer blacks graduate? Blacks are more likely to end up in prison, meaning fewer blacks are free-range?
Just recently heard that apples grown in NZ get shipped to S. Africa solely to get waxed, then are sent elsewhere.
Simply amazing how this lady was able to dig up sources that have been unavailable or overlooked for literally hundreds of years. So why now? Was some other researcher getting ready to publish how her “fellow white people” were at the heart of the tulib mania/bubble?
Extraordinary popular delusions and the madness of crowds territory straight ahead!
The timing is, as they say, fortuitous.
Marc? I am going to send you a message regarding some of the research I’ve stumbled upon.
I don’t know if you are open to the idea that there are harmonic frequencies that cause certain things to happen.
Madness can be inspired in a mass population in many ways. I started down this path during my “illness.” With this valve in my brain (CSF Shunt) being magnetically managed and pressure controlled, I did a lot of research about what might impact it and have learned a great deal about the issue of 5G and some of the technologies that really do exist out there.
Now, I don’t want to bring up the flat earth business and scare our budding biologist off his bicycle, but there really is the technology available to pull the wool over the whole world’s eyes, if everyone is looking that way.
Now, you are former military and you understand the idea of triangulation. There is a reason the old reporters would not come to their editor with fewer than 3 sources. Triangulation.
So, I am hoping that by trying to look at old things new ways (Holland’s Tulip Craze versus Toilet Paper Hoarding is a same/same situation*) maybe people will sit back and realize that even if they do get the damn flu, they just need to eat right and let their bodies heal them and get rid of the virus.
All the panic is just part of the opportunity they will not waste.
*Easy for me to say… I’ve got a barn full of toilet paper.
I’m very tired. I scooped poop and got the bunny cages all cleared for this new rainstorm rolling in.
So, I’m just going to put this here and tell you very calmly that I downloaded the propsed new rules on federal quarantine February 11 and have not stopped researching since.
They have been planning this for a few years…
and a little further in and I don’t want to make too much of it, I don’t like what I’ve seen.
I will send you the document, which lays out the ROE for federal Quarantine. October 14, 2016 was the deadline to submit comments.
Federal Quarantine Law written during the last few minutes of the Obama Administration for Hillary to oversee.
But, it didn’t work that way… the queen did not get to set up the chessboard for the Crisis that would require the internationally connected Clinton Foundation to rule us all.
It is 288 pages long. I’m exhausted but I think it is important to be aware that just like with the Patriot act, this one appears to be ready as well. A Federal Quarantine Act.
I do certainly feel a lot of the false flags happening today as well as real flags were put in place for Hillary to become dictator. But now they found other uses for them
B.I.N.G.O.
Never let a crisis go to waste.
I miss Mandelbrot too.
Corona-Treasuries to rule them all.
I called it 2+ weeks ago.
But who can deny their beauty.
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