10 years ago
Jealousy, Greed, and Soccer Moms: Exploring the 'Great Beanie Baby Bubble' of the 90s
Somewhere in your parents' basement, there's a plastic Rubbermaid bin filled with worthless plush toys that once promised riches. The Beanie Baby frenzy of the 90s spread from suburban Chicago across the United States, creating a mass speculative bubble, with sales reaching $1 billion at their peak. Ty Warner, creator of the Beanie Baby, was an "obsessive" perfectionist, slaving over the minute details of each toy even after they had gone to market.
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