The History of Stock Market Panics

Stock market panics are nothing new and there are lessons to be learned. Words like stock market panic, bank runs, bailouts, greedy bankers, financial contagion, short selling, illiquidity and credit crises are nothing new to the stock market. Looking back over past stock market panics, we can see many similarities to recent stock market panics. 

To learn more about stock market crashes you can read The History of Stock Market Panics. 

What Caused The Great Recession of 2008?

Brendel Wikipedia CC BY-SA 3.0

Officially the Great Recession started in December 2007, long before most Americans on Main Street realized what was about to happen. According to the NBER, the Great Recession ended in July 2009, which most Americans on Main Street cynically laughed at, knowing full well their recession was not over at that time. What caused the Great Recession, and who to blame, there is plenty of blame to go around… 

Continue reading The Great Recession of 2008

 

The Dismal Decade: 2000-2009

World Trade Center on 9/11

It seems like it was a long time ago we were partying like it was 1999 and celebrating the new century. A lot has happened in this first decade of the 21st century.  Historically, this past decade caused many of us a great deal of sorrow and stress.