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A tulip, known as "the Viceroy" (viseroij), displayed in the 1637 Dutch catalogue Verzameling van een Meenigte Tulipaanen.Its bulb was offered for sale for between 3,000 and 4,200 guilders (florins) depending on weight (gewooge).
Tulip mania (1637) an economic bubble that burst, ... US stock market crash; Savings and loan crisis (1986–1995) failure of 1,043 out of the 3,234 S&L banks in the U.S.
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
The first real newspapers appeared around the 1600s in Holland, Yale economist and recent Nobel Prize winner Robert Shiller mentioned at a conference in Orlando last week. That was also around the ...
The most iconic -- and most ridiculous -- bubble the world has ever seen peaked on Feb. 3. It wasn't the dot-com bubble, the housing boom, the social-media bubble, or even the frenzy over
Wall Street crash of 1929: 24 – 29 Oct 1929 USA: Lasting over 4 years, the bursting of the speculative bubble in shares led to further selling as people who had borrowed money to buy shares had to cash them in, when their loans were called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. Recession of ...
Momentum in the U.S. stock market appears unyielding. The S&P 500 soared by 24% in 2023 and is up another 8% in 2024. However, “Rich Dad Poor Dad” author Robert Kiyosaki foresees a significant ...
Jan Brueghel the Younger's A Satire of Tulip Mania (c. 1640) A card from the South Sea Bubble. The term "bubble", in reference to financial crisis, originated in the 1711–1720 British South Sea Bubble, and originally referred to the companies themselves, and their inflated stock, rather than to the crisis itself.