When it comes to sheer size and scale, few bubbles match the dotcom bubble of the 1990s. The average U.S. home lost one-third of its value when the housing bubble burst in 2009, resulting in the largest global economic contraction since the 1930s Depression, ushering in what has come to be known as the Great Recession.

Similar Posts:

• When and why China started to make a difference in the superpower arena?
• Why is the USA the world’s strongest country?
• Was the US Navy larger in 1917, and if so, why?
• What was the average size of French families during the Middle Ages?
• European Life Expectancy Comparable? Now or When?
• How many people were needed to build a country house?
• Why was China so underdeveloped until not so long ago?