An asset price crash is a sudden and usually unexpected fall in the price of a particular asset class. Crashes usually follow asset price inflations. Examples of asset price crashes include Dutch tulips in the 1600s, Japanese metropolitan real estate and stocks in the early 1990s, and internet stocks in 2001.
News Analysis: Land Softly, Soon, or the Bubble Will Burst ; Imbalances in the Glittering Anglo-Saxon Economies Are Setting the Stage for a Potentially Painful Downturn
Mar 27, 2000; WHICH G7 country has a record trade deficit, the lowest ever personal savings rate, a record corporate financial deficit, and the...