Stock Market Crash 1929, 1990 and 2000 | Analysis

The chart shows the 1929 Dow Jones index, 1990 Nikkei index and 2000 AEX index stock market crash. Analysis reveals a clear pattern in all three stock market crashes:

Bubble: stocks rise more almost 400% in 6 years.
Crash: stock market crashes more than 50% in 3 years.
Aftermath: markets are volatile for at least 10 years.

So what are the causes of the 1929, 1990 and 2000 stock market crash? Turns out human nature does not change over time: greed and fear drives the market!