<center><img src='https://www.telegraph.co.uk/content/dam/business/2020/01/16/A-bubble-being-burst-by-an-arrow_graph-line-xlarge_trans_NvBQzQNjv4BqgCXocDQF5kP7s3jSjli3eHnk4Br5GiVFovEsrgivlFU.jpg?imwidth=1200' alt='Shared From Dlike' /></center> ##### <p>In March 2000, the internet boom created a generation of millionaires that would lose their fortunes as soon as they made them</p><p>On Friday March 10, 2000, the Nasdaq composite closed at 5,048.62. The tech-heavy index had risen 24pc in the first 10 weeks of the new millennium, notching 16 record highs in the process. </p><p>Investors were giddy at the prospects for the “new economy”, distinct from the stale industrials of the previous era (the Dow Jones had peaked 10 months earlier). </p> ##### <center><br><a href='https://dlike.io/post/@imcharming/the-dotcom-bubble-20-years-on-it-felt-like-the-gold-rush'>Shared On DLIKE</a><hr><br><a href='https://dlike.io/'><img src='https://dlike.io/images/dlike-logo.jpg'></a></center>
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| author | imcharming | ||||||||||||
| permlink | the-dotcom-bubble-20-years-on-it-felt-like-the-gold-rush | ||||||||||||
| category | hive-116221 | ||||||||||||
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| post_id | 85,089,482 |
|---|---|
| author | olaf123 |
| permlink | w9yzy6gbca |
| category | hive-116221 |
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