#43: Tulipmania // When Flowers Cost More Than Houses

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In Holland in the 1600s the price of tulips rose so much that a single bulb reportedly cost more than a townhouse on Amsterdam's grand canal.

Today we look at the real story behind one of the greatest bubbles in history.

• What is a tulip? • Why are things expensive? • Why were tulips so expensive in Holland? • Why were some people in Holland so rich? • How tulips grow • Tulip contracts • The greater fool theory • When the market crashed • What really happened • Have we learned our lesson? • (BONUS) How to not • lose all your money in a financial bubble

Full transcript and key vocabulary available on the website www.leonardoenglish.com/podcasts/tulipmania

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Keywords: Learn English, vocabulary, lessons, idioms, aprende inglés, idiomas, aprender inglês, apprendre l'anglais, imparare l’inglese, ingilizce öğren,英語を習う, تعلم الإنجليزية