Not exact matches
In January 2009, both The Wall Street Journal and Forbes cited Paul as one of the few who identified
early on the formation of the housing
bubble and the economic and
financial market havoc that would ensue after the
bubble inevitably burst.
It was almost as if the Spanish operators had read one of the biographies of Ponzi that began to appear as observers noticed the common denominators between the global
financial bubble of the 1990s and
earlier bubbles.
Appointed in
early 2008 just as the US housing
bubble was popping, Carney took the helm in time for a
financial crisis that brought the global economy to its knees.
From Dutch tulip mania in the 1630s to the Icelandic boom and burst of the
early 2000s, the history of
financial market
bubbles has been long and inglorious.
They were relatively plentiful in the
early part of the century, after the Internet
bubble burst, and they were very abundant during the
financial crisis of 2008 - 2009.
Understanding, you know, the pathology of
bubbles is not an unimportant — we had one that was more severe, in fact there was an article in the Omaha World Herald about three months ago that described how it was more severe, we had a
bubble in the Midwest in the
early «80s in farmland that created much more
financial dislocation, but it was limited to the farm belt than this particular
bubble has which has not hit as hard in terms of housing in the Midwest.
Generation X is the most anxious about retirement by far, having weathered the collapse of the dot - com
bubble in the
early 2000s and the 2008
financial meltdown, as well as sluggish wage growth during their formative adult years.
Yet Marks — who according to CNBC gained notoriety for his prescient calls about both the dot - com
bubble and the
financial panic of the late 2000s — took a decidedly negative tack in a new memo
earlier this week.
CoinDesk The
bubble in cryptocurrency threatens the broader
financial system, given new buyers» different motivations from
early adopters and use of leverage.