Full Name
2000 Dot Com Collapse
- Also known as the "Tech Bobble"
- Potentially popped because Alan Greenspan increased interest rates
- Although, markets were extremely overpriced and a bubble looking for any pin
- NASDAQ 100 index collapsed 84% in 30 months
- Dropped 32% in 15 trading days of late march 2000
- Continued to drop until October 2002
- Market value of household equities dropped from 10 to 4.8 Trillion