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Are there any other sources corroborating this?
by trebor 9y ago
Are there any other sources corroborating this?
- jacquesc 9y agoI think it's just a prediction. There's always people predicting a downturn when things are frothy in the stock market. Inevitably someone gets it right and looks like a genius when things crash.
- trebor 9y agoWell, normal markets have a sawtooth growth pattern. It's only a matter of time till each of the discussed markets reaches bubble-proportions, then pops. History proves that with both the stock/real-estate markets. But I haven't heard anyone else predicting 5 simultaneous bubbles like this.
- bognition 9y agoThere are a lot of people calling bubble right now, but the number of people claiming a thing has 0 effect on how true a thing is. The better question to ask is: What evidence is there that suggests the metrics discussed have predictive power?
- trebor 9y agoProbably the same evidence for phrenology. I'm just skeptical that there's even 5 bubbles right now.