So, here's what happened.
We got excited about housing ...
Home prices posted solid gains in 2005CNNMoney.com -Feb 17, 2006
Some didn't think it would ever end ....
Experts see no housing bubbleSan Francisco Chronicle-Feb 12, 2005
It made everyone happy ...
Confidence hits three-year highCNN-Jun 29, 2005
But cracks were forming ...
Gas Prices Surge as Supply DropsNew York Times-Sep 2, 2005
Some saw doom ...
Countdown to a MeltdownThe Atlantic-Jul 1, 2005
Things began to change ...
Risky home loan standards tighteningCNNMoney.com-Jan 7, 2006
The tide began rolling out ...
Desperation Sets In While Homes Sit With No OffersUSATODAY, Oct. 26, 2006
Reality began to set in ...
New Century, Biggest Subprime Casualty, Goes Bankrupt Bloomberg-Apr 4, 2007
Fear spreads ...
BNP Paribas Freezes Funds as Loan Losses Roil Markets Bloomberg-Aug 11, 2007
Most remain calm ...
Bernanke: Subprime Woes Won't Seriously Hurt Economy CNBC-May 18, 2007
But even as wealth surges ...
Finally! Dow finishes above 14000 CNNMoney.com-Jul 19, 2007
The clouds darken ...
Recession Fears Weigh Heavily On the MarketsWall Street Journal -Nov 25, 2007
The big guns come out ...
Markets Soar After Fed Cuts Key Rate by a Half PointNew York Times - Sep 18, 2007
But it's not enough ...
Home prices post record decline CNNMoney.com-Dec 28, 2007
Risks emerge ...
- Associated Press - March 14, 2008
The losses spread ...
USATODAY - Sept. 8, 2008
And the collapse begins ...
Lehman Files for Bankruptcy; Merrill Is SoldNew York Times -Sep 15, 2008
There's no end in sight ...
US to Take Over AIG in $85 Billion BailoutWall Street Journal -Sep 16, 2008
It keeps going ...
WaMu Is Seized, Largest Failure in U.S. Banking HistoryWall Street Journal - Sep 26 2008
The government steps in ...
Administration Is Seeking $700 Billion for Wall StreetNew York Times -Sep 22, 2008
Markets plunge ...
MarketWatch , Sept. 29, 2008
Main Street is hit hard ...
US Loses 533,000 Jobs in Biggest Drop Since 1974New York Times -Dec 5, 2008
Stocks collapse ...
Stocks end at 12-year lows CNN-Feb 27, 2009
The aid arrives ...
House Passes $819B Stimulus Package FOX News-Jan 29, 2009
Things start to look up ...
Stocks Move Higher as Industrial Production Rises Associated Press - Sept. 16, 2009
The grass gets greener ...
Job Loss Pace Slows in AprilBusinessWeek -May 8, 2009
But scars remain ...
US Unemployment Rate Hits 10.2%, Highest in 26 YearsNew York Times -Nov 6, 2009
The costs mount ...
Deficit tops $1 trillion again CNNMoney -Oct 17, 2010
Wall Street recovers ...
Wall Street Sees Record Revenue in '09-10 Bloomberg-Dec 13, 2010
Main Street suffers ...
Lost Decade for Family IncomeWall Street Journa l-Sep 16, 2010
We're on edge ...
Dow Takes a Harrowing 1,010-Point TripWall Street Journa l-May 6, 2010
More medicine arrives ...
Fed to Buy $600 Billion in Treasuries to Aid Growth Bloomberg-Nov 3, 2010
Everyone is paranoid ...
Fear of a Double Dip Recession Could Cause OneNew York Times -May 15, 2010
A new problem emerges ...
Rising Gas and Food Prices Push US Inflation HigherNew York Times -May 13, 2011
The pessimists win ...
Gold Surges to Record on Outlook for Sagging Dollar, US Rates Bloomberg-Apr 27, 2011
Washington makes it worse ...
S.& P. Downgrades Debt Rating of US for the First TimeNew York Times -Aug 5, 2011
Markets revolt ...
Dow plummets 634 points amid downgrade backlash CBS News-Aug 8, 2011
But recovery emerges ...
US Economy Gains Steam as 200,000 Jobs Are AddedNew York Times -Jan 6, 2012
Washington tries to screw it up ...
The Fiscal Cliff and America's Coming RecessionForbes -Nov 9, 2012
But recovery plows ahead ...
DJIA Sets Inflation-Adjusted Record HighWall Street Journal -Dec 20, 2013
The financial crisis eases ...
US unemployment rate falls to 5-year low of 7 percentThe Star-Ledger - Dec 6, 2013
Again with Washington ...
Government Shuts Down in Budget ImpasseNew York Times -Oct 1, 2013
A new trend arrives ...
Oil prices plunge as production risesWashington Post -Oct 15, 2014
Recovery continues ...
Hiring Is Strong and Jobless Rate Declines to 6.1%New York Times -Jul 3, 2014
Though it's not perfect ...
Still waiting for a pay raise? You're not alone CNNMoney-Dec 4, 2014
Normalcy returns ...
Fed Ends QE, Perks Up Labor Market OutlookForbes - Oct 30, 2014
Crisis hits other parts of the world ...
World markets plunge as China stocks crash CNNMoney-Aug 24, 2015
With a new boost ...
Gas prices to fall below $2 for ThanksgivingUSATODAY -Nov 23, 2015
A new panic ...
Stock Turmoil: Dow Plummets =1000 Points at Open NBC News Aug 24, 2015
And here we are ...
Fed raises interest rates, citing ongoing US recovery Reuters-Dec 16, 2015
Ready for what's next.
Here's to a great next decade.
For more:
- What good is history?
- 50 reasons we've living through the greatest period in history
- Why I'm an optimist
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The article The Past Decade in 50 Headlines originally appeared on Fool.com.
Contact Morgan Housel at mhousel@fool.com . The Motley Fool has a disclosure policy .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.