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What is the allusion to the tulip incident? Did Jinpin Holding Company mention it in the online class?

Many investors have heard of the tulip incident, and Jinpin Holdings told this story in the online class:/kloc-In the middle of the 7th century, tulips were introduced to Western Europe from Turkey, and speculators hoarded tulip bulbs to push up prices; Later, the tulip market suddenly collapsed, which was the first recorded financial bubble economy in human history, which indirectly led to the decline of the European financial center Holland at that time.