5 posts tagged with depression and crash. (View popular tags)
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Railway Mania

"Railway Mania was an economic bubble in the United Kingdom in the 1840s that involved a railroad development frenzy and a speculative bubble in the shares of railroad companies. ... [T]he British Railway Mania was the result of overexuberance toward the business prospects of a disruptive innovation; though railroads are now a part of everyday life, they were once every bit as revolutionary as the internet was when it was first introduced."
posted by frimble on Nov 12, 2013 - 8 comments

 

Bankster Rap

Once the financial sector achieves a certain size, its continued expansion reduces economic growth, according to a new study by two senior economists at the Bank for International Settlements, Stephen Cecchetti and Enisse Kharroubi, using a large international data base stretching back more than 30 years.
posted by unSane on Oct 26, 2012 - 10 comments

Prescient Economist: Housing Crash Result of Government Incentives

Peter Wallison, an economist who arguably predicted the housing crash and bailout in 1999 explains his current views on the crash: "Other players...played a part" but "...government policy over many years--particularly the use of the Community Reinvestment Act and Fannie Mae and Freddie Mac to distort the housing credit system-- underlies the current crisis."
posted by shivohum on Feb 11, 2009 - 98 comments

Down, down, down.

By one measure, this stock market is as bad as any in the last 180 years.
posted by CheeseDigestsAll on Dec 9, 2008 - 21 comments

Poor Little Rich Kids.

Influential billionaires like Carl, Thomas, Kirk, and Warren have been losing their shirts. And it's being felt around the world. [more inside]
posted by gman on Nov 20, 2008 - 65 comments

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