Bankrupted by Beanie Babies

[Video Link] Chris Robinson produced a short documentary about his family's "sordid past with beanie babies." The tulipomania-like obsession started when Chris' brother wanted to get a Beanie Baby when he was four, and his father got hooked. He spent $100,000 on 15,000 to 20,000 Beanie Babies and Beanie Buddies, and they now sit on shelves and in boxes, nearly worthless.

(Ty Warner, the inventor of Beanie Babies, has a net worth of $2.5 billion, according to Forbes.)

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  1. Lion says:

    I remember being a teenage kid working at McDonalds during the height of this insanity. I have never seen anything like it, not even with the Tickle Me Elmo craze or the Gameboy Color shortage. (Worked at CompUSA for the latter)

    Grown adults who should have otherwise been mature would stand in front of me, and scream at me , accusing me of hiding these things.. destroying their kid's education.. ruining their future. I got called whole varieties of names. I got threatened, nearly assaulted, and had to call police multiple times to remove these maniacs from the restaurant.

    They were convinced we had some secret stash of these things, that we were all keeping. Us. Minimum wage workers at Mcdonalds. As if we'd actually REALLY be trusted with valuable things.

    That should have been everyone's first hint. You don't buy things with high resale value at a FUCKING MCDONALDS.

    A plague on anyone who was involved with collecting this bullshit. You utterly ruined two summers of my life.

  2. Just going to leave this here...

  3. CSBD says:

    That guy still has a nicer house than I have...

  4. Since you are youngish (by your own admission), you can be excused not to have experienced the great tulip mania of 1637.

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