People often overlook the socio-economic context of Tulip Mania, for example - Europe was being devastated by the Thirty Years War (60% of some populations killed), there was another outbreak of bubonic plague (people stopped showing up to the bulb auctions in Haarlem), etc. With death so close to so many, there was a sense of there being little to lose by fatalistic risk-taking.
The disruptions we're facing now, while they pale into insignificance, are still arguably the biggest since the Second World War.
But what is particularly concerning now, is the growing group of people who would rather put their trust in shady cartels and oligarchs than their governments, and the increasing numbers of people who think they have a have a vested (financial) interest in seeing their governments fail.