The dotcom bubble and the stock market fall in 2000-2001

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The first 200 words of this essay...

"The dotcom bubble

and the stock market fall in 2000-2001"

OUTLINE

1. Introduction

To introduce the topic, I'm going to address the importance of examining this crisis in detail and describe in a nutshell what actually happened.

2. Main body

* The reasons of the dotcom bubble burst

* Theoretical explanation of what happens during the financial bubble

* What are the consequences of this particular event?

3. Conclusion

Summary of the main points covered in my essay. How did the dotcom bubble burst contribute to the economic crisis of the 2008? Could we expect the similar crisis and how can it be prevented? What are the lessons that should have been learned from the dotcom crisis?

INTRODUCTION

When the global financial crisis occurred in 2008, both experts and general public started heated discussion as everyone was eager to identify the reasons for such a calamity. It is clear that nothing happens with no reason at all. Let's consider the famous speech1 of Ben Bernanke, who is the Chairman of the Federal Reserve System. In that testimony he tried to explain the causes of the