Hubris refers to excessive pride, arrogance, or self-confidence, often leading to a downfall or negative consequences. It stems from overestimating one's abilities or importance and disregards limits or warnings. - In 2008, the financial crisis was partly driven by the hubris of major banks and financial institutions, who believed they were too big to fail and ignored the risks of subprime mortgages. - The ill-fated launch of the Titanic was marked by hubris, as its creators insisted it was "unsinkable," underestimating the dangers of an iceberg in the ship’s path. - The rise of tech companies like Enron showcased hubris, where executives believed their company's success could not be questioned, leading to a massive corporate scandal and bankruptcy. - The 2022 invasion of Ukraine by Russia can be seen as an example of hubris, as President Putin underestimated the resilience of the Ukrainian people and the international response. - The downfall of former US President Donald Trump’s 2016-2020 administration has been partly attributed to hubris, with many of his decisions reflecting an overconfidence in his ability to reshape American politics and the world stage.