The Pacific Northwest has felt the sting of the economic downturn: The area was hit by
the collapse of the tech bubble and Boeing has eliminated 18,000 jobs, and — adding insult to injury — has moved its headquarters...
Not exact matches
Bubbles from the past include the Dutch tulip bulb crash
of 1637 and the dot.com
tech stock meltdown in 2000 when millions
of dollars was invested in new internet companies, many
of which later
collapsed.
The only expansion cycles greater than the current experience occurred in the mid-1980s (1984 - 87, ending with the Black Monday
collapse) and during the
Tech Bubble of the late 1990s.
DollarCollapse.com is managed by John Rubino, co-author, with GoldMoney's James Turk,
of The Money
Bubble (DollarCollapse Press, 2014) and The
Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author
of Clean Money: Picking Winners in the Green -
Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998).
And although I read recently that bull markets don't die
of old age or
collapse of their own weight, I think sometimes they do (a dollar for anyone who can identify the catalyst for the
collapse of the bull market and
tech bubble in 2000 — it's not easy).
Imagine you were looking for dividend growth stocks back in early 2002, in the midst
of the
collapsing tech bubble.
Some see the 2010 - 2011
collapse of the clean
tech bubble as evidence that sustainable innovation is categorically risky.
Quite the contrary: in his post, Wilson called for the kind
of smart investment planning that he he learned about «the hard way» when the
tech bubble collapsed.