Bubble and Bust History

“In late 1996 market skeptics felt validated. (Federal Reserve Chairman Alan Greenspan)….had spoken of the Japanese bubble of the1980s and its disastrous collapse. Greenspan pointed to the parallel with the U.S. market and used a phrase that became part of everyday language: ‘irrational exuberance.’ …

In fact, ……

From Ponzi Regulation: Myth vs. reality in Financial Fraud

 

Advertisement

Tags: , , ,

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: