West Virginia Executive - Spring 2012

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This graph shows the timing of several bubbles (periods of flourishing economic activity in a particular sector that typically ends in collapse): the dot-com, housing and commodity bubbles. Each bubble experienced rapid declines after their respective peaks. The effects of the most recent recession are seen in the stock market crash. From late 2007 to late 2009, the U.S. market value fell $4.8 trillion.

Booms and Busts

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