The post today will be about another study on the financial crisis that had happened 17 years ago.
Not long after the 1997 Asian Financial Crisis, a historic economic bubble was formed and excessive speculation is hovering around the market. Many of which are speculating about the internet companies and the booming technology companies.
Back in the 1993, when the internet world wide web was founded, information and communication is a luxury to people. The rapid growth of internet has allowed many people to readily access information with ease. Not long after, the IT had became a necessity from humans.
During that period of time, where many internet companies are formed, investors are very eager to invest in the companies, considering on how their future “prospects” would be, and how well they believe their investments will turn out.
Investors are very willing to invest in any companies at any valuations which has internet