In the 17th century, the Netherlands was struck by the world's first investment bubble.

They weren't investing in stocks or bonds or real estate.

They were investing in tulip bulbs.

Tulip bulbs became a mania, and even common people were spending money on tulips.

The price of some tulip bulbs rose so high that at one point a single bulb was worth more than 10 times the annual salary of a laborer.

Learn more about tulip mania on this episode. 10 times the annual salary of a laborer.

Learn more about TulipMania on this episode of Everything Everywhere Daily. This episode is sponsored by Curiosity Stream. If you're thinking of dabbling in the stock market, you should take the time

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Today the Netherlands is associated with Tulips.

They produce more Tulips than any other nation in the world,

even though it's a relatively small country.

Every year the country produces over 3 billion tulip bulbs, mostly for export.

However, tulips are not native to the Netherlands.

Just like how tomatoes are not native to Italy and potatoes are not native to the Netherlands. Just like how tomatoes are not native to Italy

and potatoes are not native to Ireland, the Tulip did not come from Europe. Tulips

originally came from Central Asia, in particular the region around the Tian Shan Mountains in what is today Turkmenistan, Tajikistan, Uzbekistan, Kyrgyzstan, and northwestern China.

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