Ochlophobia Ochlophobia Ochlophobia ("Fear of Crowds") and demophobia ("Fear of Unruly Mobs") are terms for types of social phobia or social anxiety disorder whose sufferers have a fear of crowds. Sufferers may offer various rationalizations of the phobia, such as the fear being trampled in a crowd, getting a deadly disease from people within the crowd, getting lost in the crowd, or feeling insignificant when surrounded by a crowd. People who are shy and introverted are most likely to experience ochlophobia, but not all introverts have anxiety problems. Ochlophobic people are often unable to handle situations involving parties, going to theaters,
Irrational exuberance Irrational exuberance "Irrational exuberance" is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the dot-com bubble of the 1990s. The phrase was interpreted as a warning that the market might be overvalued. Greenspan's comment was made during a televised speech on December 5, 1996 (emphasis added in excerpt): The Tokyo market was open during the speech and immediately moved down sharply after this comment, closing off 3%. Markets around the world followed. The prescience of the short comment within a rather dry and complex speech would not