Sentences with phrase «tulip bulb bubble»

The People's Daily, the official newspaper of the Chinese Communist Party and the biggest newspaper group in China, recently published a piece calling bitcoin a bubble, and comparing the cryptocurrency to the 17th - century Dutch tulip bulb bubble., just like JP Morgan's Jamie Dimon did.

The People's Daily then compares the cryptocurrency to the Dutch tulip bulb bubble, implying bitcoin's bubble will burst once governments around the world start regulating it.

Why did the, I don't know whether the tulip bulb bubble was in 1610 or 20 but tulips had been around before and they'd always looked beautiful and people had wanted them in their tables and all that.

Not exact matches

Bubbles from the past include the Dutch tulip bulb crash of 1637 and the dot.com tech stock meltdown in 2000 when millions of dollars was invested in new internet companies, many of which later collapsed.

Needless to say, I become very uncomfortable anytime I hear the phrase «this time is different,» as we can be sure that participants in every bubble have believed the same, both before and after the Dutch speculators who hoarded tulip bulbs.

Someone is going to get killed,» Dimon said, referring to the economic bubble that formed around tulip bulbs in the 17th century.

Bubbles rarely do go to zero when they burst: tulip bulbs still cost money, so does Tokyo real estate, and dotcom stocks are having a second coming.