4 ms·

what's not a bubble these days?

• 0xffff2 7y ago
  As the saying goes, economists have predicted 7 of the last 3 recessions. Same applies to bubbles I think.
  • seanmcdirmid 7y ago
    Bubbles are easy to identify, bursting points are not.
    • frankbreetz 7y ago
      Is it a bubble of it never pops?
      • seanmcdirmid 7y ago
        There is no such thing. Just like “it’s different this time” economic booms. The best result of a bubble is either a gradual deflation (prick it and let the air out slowly), or keep it from popping until demand can catch up.
  • linuxlizard 7y ago
    I lol'd. I hadn't heard that before.