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Irrational Exuberance - book - was created in 2000.

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Irrational Exuberance - book - was created in 2000.

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Extreme happiness and excitement for no apparent reason.

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Irrational exuberance

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Alan Greenspan

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"How do we know when irrational exuberance has unduly escalated asset values?" (Alan Greenspan, chairman of the US Federal Reserve, in a speech during the stock market boom of the 1990s. Translation: How do we know when stocks are too expensive?)

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