The tulip bubble is the worst poster child of asset bubbles and irrational exuberance
But at this point, I don't think it matters. Colloquially, saying 'tulips' gets the point across. People know that you are criticizing the exuberance or volatility of an ephemeral asset. People know what asset price distortion you are comparing it to.
But at this point, I don't think it matters. Colloquially, saying 'tulips' gets the point across. People know that you are criticizing the exuberance or volatility of an ephemeral asset. People know what asset price distortion you are comparing it to.