The Beanie Baby Bubble...And Burst | shift | msnbc

What happened to the booming Beanie Baby industry and why did the consumer obsession fade so quickly? Author Zac Bissonnette joins to discuss his new book "The Great Beanie Baby Bubble."
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The Beanie Baby Bubble..And Burst | Shift | msnbc

[@bascal133]

The author has had great media training, he answers the questions in really nice sharp clips.

[@mysticjedi6730]

There is no endless supply of people bidding up the price of dolls. There is no endless supply of people bidding up the price of bitcoin. Its been done for ever

[@thomi77]

Beanie Babies in the 90ies, Cryptocurrency today....

[@symbolicsin]

it's a young ryan reynolds

[@emmarose4234]

Y’all need to read “The Berenstain Bears’ Mad, Mad, Mad Toy Craze”. It’s about Brother and Sister jumping on the “Beary Bubbies” bandwagon. “The only thing you could really do with them is brag about how many you had. And no matter how many you had, there was always somebody who had more.”

[@moonlightbae1689]

i actually still collect them lol. I go on eBay, Amazon, charity shops!!! And they do a beanie babies haul at the mall xxxxxxxx

[@dalama1161]

Beanie Babies are awesome. Goodwill is the hub for me.

[@furby3171]

Wow

[@ofc_buggs_1w033]

Same here.

[@OneStarVFX]

Sorry, zoomer here, why did people like these things so much? They look like they’d be sold at the doller tree. I don’t see why so many people were obsessed with these small bears. Were you guys just all bored?

[@blorgenwurst508]

They were sold as “collectors items” and people were led to believe theyd be worth alot of money in the future

[@emmarose4234]

You might like the Berenstain Bears book “The Berenstain Bears’ Mad, Mad, Mad Toy Craze”, which was a pot-shot at the Beanie Baby fad.

[@Bekssss]

Zoomer go and by some crypto or NFT 🤣

[@OKBgosh]

I answered "desert and dessert" just before he did hahaha OMG... Me too...

[@cristiancampos9084]

I only like the original beanie babies not the new beanie boos

[@MasticinaAkicta]

A bit like baseball cards, the really early ones, definitely in good condition. Are worth something. Being so few of them around. But later they kept printing more and more cards and people suddenly ended up with multiple copies of the same card. So it never ended up in a situation that there were too few good ones left and... value through the bottom.

[@kitchensandgranite]

He should have named the book “The Big Beanie Baby Bubble”

[@AntajuanGrady]

i remember the Princess Di beanie baby

[@spoonicush.christ3252]

i remember a giant line for them. i have no idea why i was getting one. i guess i was five

[@marzipanocanno3576]

I got a really rare peace bear for £2.50 :D

[@rafs6052]

I wanna have Zac's beannie babies :p

[@nicholltupak]

Right? 🤣🤣🤣 this made me laugh, thanks.

[@cooliocoolio-g7v]

Magical the gathering is the current bubble where people will lose thousands

[@APRIL2862]

Hoola hoops, pet rocks, pyramid scams and etc. I only got jacked for $1000 on a sub distributorship once, and learned my lesson immediately. My high school friend who is a lawyer never let me forget that he advised me not to invest the $1000. But he's a professional miser, never eats out, goes to a movie, or even buys new clothes, instead buys used clothes at the Salvation Army which of course is clothing from people who died. Mostly drives a scooter or his old Kia car. Constantly complains about spending money on anything.

[@anarchyandempires5452]

i work at a salvation army and you oviusly dont know how it works.

[@eartianwerewolf]

hey when he dies though his kids are gonna blow that cash, so all is well that ends well.

[@janebaker4912]

April Mae ... read "the millionaire next door" he's taking it too far but frugal living is good

[@PumaM90]

You gotta balance it out. You can't just save every penny otherwise what's the point?

[@stueygriffith4671]

I got a good feeling theuyre making a comeback I GOT A BASEMENT FULL OF BEANIES READY TO MAKE ME A MILLIONAIRE!!!!! you know what to do, Valentino! Make me rich!!!!! 😉

[@thomi77]

Try it again with Bitcoin- this time it’s different.

[@angry-white-men]

All collectibles went up in value so yeah those beanie babies are probably worth allot again.

[@genesismartinez1836]

I buy beanie babies at the thrift store

[@MegaMarie]

I have a pog collection. The only person who made money off of these are the creators.

[@lang-ed3bk]

i remember when pogs made a comeback, and knotts berry farm and sweet factory made collectibles. you had to go through the whole amusement park to collect them, and at sweet factory, they came out with a new pog every week for a limited time. still have them

[@freidapatterson5716]

I have around 7 to 8 hundred what can I do

[@chistinelane]

But why didn't prices go up?

[@katlynwade1039]

chistine lane I'm not shuer sorry for bad spelling I know in not good at spelling ok

[@GrandDad]

We need a cool cat beanie baby

[@vindixen358]

chistine lane Because Beanie Babies were a speculative investment (or, in layman's terms, a bubble) in the first place.

[@eddiewiggles9398]

chistine lane They're essentially worth $6 no matter what... regardless people bought into hype of certain models being a good investment for whatever reason(s) but they are just stuffed animals worth about $6 if in perfect condition with the tag still on the toy

[@spoonicush.christ3252]

@@eddiewiggles9398 but original toys💵

[@internaltissues5648]

Pokemon cards in 2020

[@justsomeone165]

good

[@harrisonwintergreen1147]

Wall Street Bets has entered the chat

[@BossySwan]

Gracie the Swan

[@johna9994]

Through thought 🤦‍♂️

[@PlasticPellets]

people today buy cryptocurrency, which is even more insane