Miniature Painting Watch - Angular Momentum - Verre Èglomisé "La Montre Baroque" - Tulipomania

La Montre Baroque - Tulipomania In the 17th Century, called the Baroque Period Clockmakers among them G. Gamod Paris, John Adamson, London, William Clay, London have produced gold pre-balance spring watches with enamel cases decorated with floral motifs, entirely paint on „basse-taille" enamel case, In these peiod, especially the Tulip flower was highly appreciated as decorative motive in the arts. Tulip mania or tulipomania (Dutch names include: tulpenmanie, tulpomanie, tulpenwoede, tulpengekte and bollengekte) was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then suddenly collapsed. At the peak of tulip mania in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman. It is generally considered the first recorded speculative bubble (or economic bubble), although some researchers have noted that the Kipper- und Wipperzeit episode in 1619-22, a Europe-wide chain of debasement of the metal content of coins to fund warfare, featured mania-like similarities to a bubble. The term „tulip mania" is now often used metaphorically to refer to any large economic bubble (when asset prices deviate from intrinsic values). The event was popularized in 1841 by the book Extraordinary Popular Delusions and the Madness of Crowds, written by British journalist Charles Mackay. According to Mackay, at one point 12 acres (5 ha) of land were ...

Channel: YouTube Video Length: 1m 58s Date Found: Thu, Jul 22 2010 8:45 AM Category: Technology Date Produced: Wed, Jul 21 2010 12:18 PM View Count: 0