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Ermm...not exactly. The relationship between median wages, marginal unemployment and "hotness" is not causal, it's just expected to correlate. There isn't an o
by dalbasal 8y ago
Ermm...not exactly. The relationship between median wages, marginal unemployment and "hotness" is not causal, it's just expected to correlate.
There isn't an overall agreement on what "too hot" is, but to generalize a "conservative" perspective it'd be "mal-investment," investments chasing an overavailability of money that will "sow the seeds" of future market crashes.
- xg15 8y agoI haven't heard that definition of "hotness" yet. This sounds interesting. Thanks.