{"id":119,"date":"2014-03-18T09:18:18","date_gmt":"2014-03-18T15:18:18","guid":{"rendered":"http:\/\/www.textor.ca\/?p=119"},"modified":"2014-03-18T09:18:18","modified_gmt":"2014-03-18T15:18:18","slug":"podcast-delicious-cake-futures","status":"publish","type":"post","link":"https:\/\/www.textor.ca\/podcast-delicious-cake-futures\/","title":{"rendered":"Podcast: Delicious Cake Futures"},"content":{"rendered":"
This podcast is an excellent example of how collective human psychology can take down the global financial system. From a school lunch room we hear an eerily similar story to that of Tulipomania; widely considered the first economic bubble in 1637 when a single tulip bulb sold for +10x the annual income of a skilled craftsman.<\/p>\n