Pop!: Why Bubbles Are Great For The Economy
Publisher: Collins Business | ISBN: 0061151548 | edition 2007 | PDF | 240 pages | 1,11 mb
Bubbles—from hot stocks in the 1920s to hot stocks in the 1990s—are much-lamented features of contemporary economic life. Time and again, American investors, seduced by the lures of quick money, new technologies, and excessive optimism, have shown a tendency to get carried away. Time and again, they have appeared foolish when the bubble burst. The history of finance is filled with tragic tales of shattered dreams, bankruptcies, and bitter recriminations.