Good article. I would assume people are leery of overvaluation though (i don't know if that is a word but it sounds good). Even if a new bubble is created in some yet-to-be-hyped-up trend, the market will have it's cycle. Buy and sell. And when the selling goes out the roof the bubble bursts.
Joined: 01-Oct-2005
Location: Australia
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Posts: 4613
Posted: 28-Mar-2009 at 13:12
from the start of that article..
A panel of top business leaders testified before Congress about the
worsening recession Monday, demanding the government provide Americans
with a new irresponsible and largely illusory economic bubble in which
to invest.
I read this last year. Funny stuff. Dont worry we will always have bubbles.....
Invest in the real economy, not in papers. Build manufacturing plants, mining, fishing, infrastructure. Things that are for real. People continue playing at the market casinos, trying to hit easily the jackpot, rather than build things that produce money
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