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A tulip, known as "the ... derived from Alexander the Great or Scipio, ... written soon after the crash of 1987), used the tulip mania as a lesson in morality. ...
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 ...
In 1886, a year after her death, it sold at auction for $6,000. Painted in 1882, The Tulip Folly was a commentary as well on the crash that year of the Paris bourse (stock exchange). It was to be the worst financial crisis in France in the nineteenth century and inaugurated a recession that lasted until the end of the decade.
A protracted period of low risk premiums can simply prolong the downturn in asset price deflation, as was the case of the Great Depression in the 1930s for much of the world and the 1990s for Japan. Not only can the aftermath of a crash devastate the economy of a nation, but its effects can also reverberate beyond its borders.
Indian economic crash of 1865; Panic of 1866, was an international financial downturn that accompanied the failure of Overend, Gurney and Company in London; Great depression of British agriculture (1873–1896) Long Depression (1873–1896) Panic of 1873, a US recession with bank failures, followed by a four-year depression; Depression of 1882 ...
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Well-known examples of bubbles (or purported bubbles) and crashes in stock prices and other asset prices include the 17th century Dutch tulip mania, the 18th century South Sea Bubble, the Wall Street crash of 1929, the Japanese property bubble of the 1980s, and the crash of the United States housing bubble during 2006–2008.