Sailing Through the Stormy Waters: Top 7 Economic Crises Sparked by Skyrocketing Interest Rates

The Dot-Com Bubble (2000)

The Dot-Com Bubble of the late 1990s and early 2000s was a speculative bubble in the shares of early internet companies, or "dot-coms." When the Federal Reserve began to increase interest rates in 1999, many of these companies, which had been operating at a loss, were unable to secure further funding and went bankrupt. The bursting of the Dot-Com Bubble resulted in a mild recession and a significant reevaluation of internet-based businesses.