5 centuries of bubbles and bursts

History is replete with financial frenzies that seem ridiculous in hindsight, but were viewed as anything but at the time.

11 of 13
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1997-2000: Internet stocks
Not since the Depression was there so much speculation on Wall Street - this time in promising but in many cases profitless companies with ".com" in their names. After the party came crashing to an end in 2000, tech stocks lost four-fifths of their value.

NEXT: 2003-07: Real estate
Last updated January 06 2010: 5:25 PM ET
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