Perhaps nothing encompasses the roller coaster ride that was the 2000 to 2009 decade better than David Faber’s The Bubble Decade. If you haven’t seen it, set 45 minutes aside and take a look back at just how gullible we actually were to follow the herd and buy into some of the most hyped, sure thing “investments” in history.
This quote, from the documentary, pretty much sums up ten years of chicanery, hidden truths and hedged bets…
It was a Ponzi Scheme. No doubt about it. – Josh Harris of Pseudo.com
I still prefer to call it the Greater Fool Decade, since every bubble requires a fool to buy at the top so those who got in early (or caused the bubbles) can cash out their winnings.