What Are Some Historical Examples of Asset Bubbles?
There have been several notable asset bubbles throughout history, including:
Tulip Mania (1630s): Prices for tulip bulbs in the Netherlands soared to extraordinary levels before collapsing. Dot-com Bubble (late 1990s to 2000): The rapid rise and subsequent fall of internet-based companies' stock prices. Housing Bubble (mid-2000s): The dramatic increase and collapse of housing prices in the United States, leading to the 2008 financial crisis. Cryptocurrency Bubble (2017-2018): The surge in the prices of cryptocurrencies, such as Bitcoin, followed by a sharp decline.