Bubble Encyclopedia

History doesn't repeat itself, but it often rhymes. Study the bubbles of the past to recognize the patterns of the future.

Historical Bubble Timeline

Major market bubbles throughout history. Colors indicate bubble phases: stealth, awareness, mania, blow-off, and crash. Click on any bubble to view its full case study.

Stealth

Awareness

Mania

Blow-off

Crash

199020002010202020302040

2026

Dot-Com Bubble (1995–2002)

Rare Earths Bubble (2010–2012)

Dubai Real Estate Bubble (2002–2008)

Rare Whisky Bubble (2010s–2020s)

China Stock Market Bubble (2014–2015)

Meme Stocks Mania (2021)

NFT Bubble (2020–2022)

Lithium Mining Bubble (2021-2025)

Browse by Category

Commodities2 bubbles

Commodities

2022 - 2025

Lithium Mining Bubble (2021-2025)

Peak 2022

Commodities

2011 - 2011

Rare Earths Bubble (2010–2012)

2009 to 2012 (peak in 2011)

Other2 bubbles

Other

2022 - 2024

Rare Whisky Bubble (2010s–2020s)

2010s growth, peak around 2021-2022, softening by 2023

Other

2017 - 2017

Initial Coin Offering (ICO) Bubble (2017)

2017 (peak at end of 2017)

Finance2 bubbles

Finance

2021 - 2021

Meme Stocks Mania (2021)

Early 2021 (peaked January 2021)

Finance

2015 - 2015

China Stock Market Bubble (2014–2015)

Mid-2014 to June 2015

Cryptocurrency1 bubble

Cryptocurrency

2020 - 2022

NFT Bubble (2020–2022)

2020 to early 2022

Real Estate2 bubbles

Real Estate

2010 - 2010

China Housing Bubble (2010s)

2000s through 2010s (intensified post-2008, signs of peak by late 2010s)

Real Estate

2008 - 2010

Dubai Real Estate Bubble (2002–2008)

2000s (peak in 2008)

Technology1 bubble

Technology

2000 - 2002

Dot-Com Bubble (1995–2002)

Mid-1990s to 2002 (peak March 2000)

See the Pattern

Bubbles have occurred throughout history with remarkable regularity. Each generation believes it's different, yet the pattern persists.

Learn the Phases