The Currency Of Mexico
The historical record contains financial crises from all over the world starting with the Dutch Tulip Bulb bubble in 1636 or Tulipmania. The authors note that a recurring pattern is for increased investor optimism as economies expanded. As the economy expanded credit growth accelerated and increasing numbers of individuals start to invest or speculate for short term capital gain, mania. This continues until some trigger event results in the bubble bursting, panic and a crash.
Big Ten Financial Bubbles
The book covers the following big ten financial bubbles:
- Currency Market Trading
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- Currency Foreign In Invest
- Currency Exchange Rate 2005
- Optimistic Concurrency Check Failed
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- By Conversion Currency Date
