The Florida housing market was one of the worst hit when the property bubble burst in 2008.
Will the general public take a huge hit if the gold bubble bursts?
We all remember when the Dow, inflated by the intertwined housing and financials bubble, hit 14000 in October 2007, only to crater all the way down to 6500 by March 2009.
FORBES: Investors Need to Summon Elephant's Memory before Charging Back to Stocks
My previous article, The Seminary Bubble, certainly hit a nerve remarkably so, given that it appeared here at Forbes.com at the center of financial journalism and not one of the usual church discussion watering holes.
The construction industry was hit brutally hard when the housing bubble burst.
Hard hit by the bursting of the housing bubble, the desert metropolis is welcoming a fresh influx of newcomers, particularly from California and the Midwest.
In a February article for the Journal of Urban Affairs, Dan Immergluck shows how the Federal Housing Authority (FHA) hit the lending accelerator after the housing bubble burst.
Most of the money was lost right at the outset of the decade and when things started to recover, equity investors were hit with the collapse of the housing bubble.
Altogether they came up with 29: ten valued at a billion dollars today, and 18 startups that were valued at a billion dollars in the dotcom bubble (LinkedIn, which hit the billion dollar milestone in 2008, was not counted among the current crop of privately-held billion dollar startups, as it recently went public).
Another group of big cities that may be seeing light at the end of the tunnel are some of the metro areas hit hardest by the bursting of the housing bubble.
It has recovered all its losses from the financial crisis, but remains more than 50% below the record of 5048.62 hit in 2000, during the tech-stock bubble.
But Nasdaq has been hard hit by the bursting of the high-tech bubble, seeing some of its companies go out of business and others fail to meet its listing requirements.
FORBES: Why the world would be better off with one big stock market.
But when the subprime mortgage crisis hit, when those mortgages were called up on Wall Street, that bubble burst, leaving devastation everywhere.
Ireland's banking sector has been badly hit by the international financial turmoil, the collapse of a domestic property bubble and a deep recession in the former "Celtic Tiger" economy.
BBC: Bank ends Irish golfer Padraig Harrington's sponsorship
Granted it looks like there was a bubble in small loans to businesses that peaked right before the recession hit (see the figure below).
The previous record-holder in terms of aggregate market-cap was Microsoft (NASDAQ: MSFT) which hit its all-time high on December 30, 1999 at the height of the technology bubble.
" Ms. Harman, recognizing the power of the anti-incumbent mood, has hit back with an ad mocking Ms. Winograd and declaring, "Marcy Winograd lives in a bubble.
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