Quote:
Originally Posted by xelasnave
I once thought it was a bubble but I now think that we aint seen nothing yet.
Alex
|
It's always hard to see a bubble from within and justifications abound for why it's different this time, but historically every market bubble has ended the same way (whether it's real estate, commodities or tulips).
Over the last few decades bubbles have been blown in various markets around the world propelled by cheap money (low interest rates, easy loan terms, government stimulus) effectively stealing from future generations who will have to pay for our excessive spending.