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Actually it is irrelevant. I can find bubbles in Africa and 10 other countries across the world. Screaming "bubbles" in 100 random places, doesn't mean your cur
by confiscate 10y ago
Actually it is irrelevant. I can find bubbles in Africa and 10 other countries across the world. Screaming "bubbles" in 100 random places, doesn't mean your current place is a bubble. Unless you can justify how those other bubbles are related to the housing situation in the original article, we can't assume they are relevant simply because "there are a lot of bubbles elsewhere".
The 2 issues might be relevant to each other, they might not. But you can't assume there is a relationship between the 2 issues.
- mistermann 10y ago10+ years of excessive quantitative easing and negative interest rates by multiple governments around the world might have a little to do with it. Do you think $1 trillion++ of new debt per year affects nothing?
- confiscate 10y agoHey man, nothing personal. Not saying there aren't negative things going on in the world. Heck, it's probably true what you said, the 2 might be related somehow. But without pointing out why, I can't just assume the 2 are related, right?
- mistermann 10y agoYour first sentence wasn't speculative, hence my reply. :)
- confiscate 10y agoMy bad