In finance, speculation is the purchase of an asset with the hope that that asset will become more valuable in a brief amount of time. The term can also refer to short sales, in which the speculator h
1914 billboard criticizing speculation on land, which cites Henry George
Speculation usually involves more risks than investment.
Assorted United States coins
A major worldwide financial crisis centered in the United States took place in 2008. The causes included excessive speculation on property values by both homeowners and financial institutions, leading
Speculation
…speculative investments of banks that do not benefit their customers. Passed on 21 January 2010, it states that those investments played a key role in the 2008 financial crisis. Proposals made in the past to try to limit speculation – but never enacted – included…
The bankruptcy of Lehman Brothers (headquarters pictured), the fourth-largest U.S. investment bank (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), on September 15, 2008, is often considered the climax of the 2008 financial crisis.
Share in GDP of U.S. financial sector since 1860
People queueing outside a Northern Rock branch in the United Kingdom to withdraw their savings during the financial crisis
Restaurant in Bristol, United Kingdom, advertising cheap "Credit Crunch Lunch"