Financial euphoria | 14:00
Description: This Financial Markets lesson introduces what happens when markets - and the crowds just beneath the surface - get carried away and create a bubble situation. These situations, in which everyone is indulging in the fantasy of getting rich, are more predictable and occur more regularly than one may think.
Lesson Highlights:
- Common characteristics
- Enabling factors
- Typical bubble diagram
- Dutch tulip mania
- South Sea bubble
- US housing bubble