The extraordinary boom Russia briefly enjoyed and its current economic prospects have turned out to be based more on heady optimism than solid economic principles.

There was heady optimism that the coalition could bring the benefits of economic reform, privatisation and foreign investment to Mongolia.

With this tarot card, heady optimism mixed with ambition can make any dream come true.

In the heady optimism of the early 20th century, demolition was an evocative, even enthralling part of the urban scene.

The early days after the fall of Communism were full of heady optimism.

But he felt such joy then, such a rush of heady optimism, that he could barely find the voice to get out a response.

With the Israeli-Palestinian peace accord just months old, it was a time of heady optimism, but also of few local institutions.

Now that we're nearly at the end of 2009, it's time to look back on how things are different now to the heady optimism of January 2000.

The 10th anniversary falls on Saturday, but the heady optimism of that day has long since evaporated after nearly three years of almost daily violence.

But there was also heady optimism.