Robert Shiller, a professor at Yale University predicted the - TopicsExpress

Robert Shiller, a professor at Yale University predicted the future through two of his books and he was right about what was going to happen!In one of his books he predicted the dot-com bubble and the other, the housing bubble. His first book titled “Irrational Exuberance” came out in March 2000 and he explained the dot-com boom and he demonstrated through arguments how the stock markets were overvalued at the time. The stock market collapse of 2000 happened the exact month of the book’s publication! In 2005 he published the second edition of the book in which he covered the housing bubble and how the real estate bubble was soon to burst and one year later the housing prices peaked in 2006 and the housing bubble burst in 2007 and 2008!

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