Right now, it’s Bitcoin. But in the past we’ve had dotcom stocks, the 1929 crash, 19th-century railways and the South Sea Bubble of 1720. All these were compared by contemporaries to “tulip mania”, the Dutch financial craze for tulip bulbs in the 1630s. Bitcoin, according some sceptics, is “ tulip mania 2.0 ”.   Monkeys dealing in tulips. When the bubble bursts, at the far right, one urinates on the now worthless flowers. Jan Brueghel the Younger, 'Satire on Tulip Mania', c1640, CC BY-SA . What was this Tulip Mania ? Tulip mania was a period when tulips were recently introduced and bought in large quantities by many people. This caused tulip prices to shoot up. They were sold at prices higher than skilled workers’ income. After reaching a peak, tulip prices crashed, leaving tulip holders bankrupt. Some argue that it was the first major economic bubble. The History of Tulip Mania ? Tulips first arrived in Western Europe in the late 1500’s, and, being an import f

Wellcome to Innovative Story section of Subrata-Tax-Blog our today's   story is about "Innovative History of Crock Pot". When Leeann Wallett reflects on happy days from her childhood, she thinks of New Year’s Eve. Each year, Wallett’s mother would whip up an impressive spread of 1970s-style appetizers. “My mom was never a huge cook,” Wallett recalls, “but when she did cook, it was spectacular.” The centerpiece of these meals was a miniature Crock Pot called the Crockette , which kept food hot from dinner until the clock struck midnight. The recipes varied from year to year—sometimes tangy-sweet meatballs mixed with pineapple, sometimes cocktail weiners jazzed up with cherry pie filling—but all still strike a deep chord of nostalgia for Wallett, who grew up to become an avid h