> That’s not to say that everything about the story is wrong; merchants really did engage in a frantic tulip trade, and they paid incredibly high prices for some bulbs. And when a number of buyers announced they couldn’t pay the high price previously agreed upon, the market did fall apart and cause a small crisis—but only because it undermined social expectations.

That’s... exactly what I was getting on about.

The article you posted exactly and precisely directly asserts what I’m asserting.

A few knuckleheads pouring money into a shortsighted endeavor.