15min chapter

Many Happy Returns cover image

Boom and Bust: Ranking the Biggest Bubbles in History

Many Happy Returns

CHAPTER

Bubbles of the Past: Japan and Dot-Com

This chapter explores the formation and implications of major economic bubbles, focusing on Japan's real estate bubble in the 1980s and the dot-com bubble of the late 1990s. It highlights key factors such as monetary easing, irrational market behavior, and the long-lasting economic repercussions of these bubbles. The discussion also draws parallels with contemporary market trends, emphasizing the cyclical nature of financial enthusiasm.

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