Bubbles: Part 9 - Roman land (33 A.D.) and Beanie Babies ('95-'99)

Let's look at two less well-known bubbles that expanded at different times, in different places, in very different assets.

The Roman Empire Land Bust of 33 A.D.

Setting The Scene

The Ancient Roman economy, especially during the Roman Republic period, was rural and based primarily on trading agricultural commodities like grain and wine. During this period, the Romans established many trade routes and commodity markets. But, because more people meant more food, the economy was …