Double Triple Bubbles

This is a terrific chart (via Invictus) showing the past two — really three — asset bubble tops.

1. Tech/Dot.com bubble 1990s

2. Credit Bubble/Housing boom 2002-07

3. Finance collapse 2008-09

The second two are obviously related: The easy money, credit driven financialization of the economy led to two asset class peaks: Stocks and Houses

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Three Giant Bubbles in a Decade

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