ShmoopTube

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all right Shmoopers were back to tulip mania and beanie babies now we're kind

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of doing a mash-up reading here all right let me invest one and the beanie [text on screen]

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baby babbling passage to share which trait all right well the correct answer [students writing]

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here yeah it's a people did in fact mortgage land and real estate to get

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into the market and buying tulips and buying beanie babies if you can imagine

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well the first passage mentions the setting up of markets in five Dutch [text on screen]

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cities at the outset of the tulip craze the second passage explains how a baby

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came the primary market for beanie babies the two manias had other things [beanie baby for sale online]

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in common but they aren't mentioned in the possible answer so we just kind of

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ignore them and move on well the first passage suggest that foreign investment [text on screen]

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created price irregularities but there's no mention of a similar effect in the

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second passage so nixb we know that beanie baby collectors selling low

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assisted in the collapse of that market but we can't be sure about the tulip [Beanie Baby for sale on Ebay]

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market based on this passage so nix see like it's got to be in both or it

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doesn't count in fact based on what we've read our best guess is that people

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eventually refused to pay any price and the tulip speculators were stuck with [woman shaking head]

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well what they had bought it was like whoever left with a hot potato or that

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musical chairs thing there was nowhere left to sit the human toll of bubbles [money falling]

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was described more fully in the first passage with people losing everything [bubbles rising]

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including homes either and the beanie baby bloom in bust well it seems tame in

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comparison to what happened in tulip mania so let's see what happens to the [tulip field in foreclosure]

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next mania yeah any pending bets on what that'll be we got a few zombie

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apocalypse ideas but me [zombies advancing]

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