These cyclical bubbles and crashes have been going on for hundreds of years. I'm going to delve into this in far greater detail in the coming days and weeks. Stay tuned for much more:
- 1636 - Dutch Tulip Bulb Bubble
- 1720 - South Sea Bubble
- 1720 - Mississippi Bubble
- 1927-1929 - US Stock Price Bubble
- 1970's - Mexico and other developing countries Loan Bubble
- 1985-1989 - Japan Real Estate & Stock Price Bubble
- 1985-1989 - Real Estate & Stock Bubble(s) in Sweden, Finland & Norway
- 1992-1997 - Real Estate & Stock Bubble(s) in several Asian Countries
- 1990-1993 - Mexican Foreign Investment Bubble
- 1995-2000 - US OTC Stock Price Bubble (dot com)
(Source: Kindleberger; 'Manias, Panics, and Crashes')
Just under 400 years of history to look back on and see the similarities. There are many.
Do yourself a favor and buy Charles Kindleberger's 'Manias, Panics, and Crashes' and learn how to react to the current crisis by studying the history of all those that have preceded it. Click below and get it today. It is well worth your time and $10.
