Over time the amount of different tribes and parties who have controlled and or tried to control Afghanistan have created an environment where control is almost impossible. The lack of a stable central government for so many years has caused a power vacuum where no one central power can effectively control the country due to long-standing rivalries and tribal relationships creating the fractured state that we see today. Tribal rivalries and feuds are one of the main reasons for the power vacuum and lack of a central government that exists in Afghanistan today. Afghan tribes have been conflicting with ...
Essays on Tulips
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Introduction
The Tulip Mania that took place between 1636 and 1637 is one of the earliest recorded financial bubbles (Veen, 2012). While there is no universally accepted definition of a financial bubble, the term financial bubble is used to refer to a situation where an asset price exceeds the asset intrinsic value, or the value that could be earned by holding the asset to maturity for an extended period of time (The Federal Reserve Bank of Chicago, 2012). The Tulip Mania fits the description of a financial bubble because at its height, the price of some tulip bulbs exceeded the ...