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Dramatic drop of Stock Market.
This event is the first of several small drops caused by the unprecedented growth of the market. It will lead to the 2008 event. -
Japan's Housing bubble pops.
In 1990 Japan's housing bubble pops. the bubble is similar to the U.S,'s bubble at the time. -
Karlos Egelkraut is born.
totally unrelated -
Europe's economy falters due to U.S. countries go bankrupt.
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Unprecednented growth and banks lend more money then they have.
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The Stock Market falls 20%
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Bailout plan stalls in congress.
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Economy drops along with the employment rate.
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World economy is affected cuasing world wide side-effects.