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Australian Financial Reviewafr.com

SpaceX is suddenly plunging. Now an old bubble-popping threat looms (opens original article in a new tab)

TL;DR

Alan Greenspan, former Federal Reserve chairman, has died. He is known for coining the term 'irrational exuberance' to describe market mania in 1996.

  • Federal Reserve chairman Alan Greenspan died on Monday night
  • Greenspan coined the term 'irrational exuberance' in 1996 to describe market mania
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