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> So while the market, and general economy may not be healthy, I argued it isn't in a bubble either. You're completely missing the point. You can make argumen
by OnlineGladiator 7y ago
> So while the market, and general economy may not be healthy, I argued it isn't in a bubble either.
You're completely missing the point. You can make arguments either way. Hindsight is 20/20. You're making an educated guess based on data which is informative, but it's theoretically impossible to predict a Black Swan event. And even without a Black Swan event, your analysis could be wrong. It's not like all analysts agree on much (if anything) - so how do you decide who's right when nobody has a perfect track record? You're making the best guess you can and I respect your analysis, but I don't assume it's correct.
My point is simple: nobody knows for sure.
- ksec 7y agoI sort of agree with what you said. >My point is simple: nobody knows for sure. Absolutely. I am suggesting to those who consistently points to doom's day needs better explanation rather than just debt alone. Edit: Actually it was my understanding that all bubbles, by definition must have some form or irregularities or speculation. After all that is what bubbles means, turns out when I was going to quote wiki for this reply, I discover there are whole set of economic papers suggesting bubbles completely unrelated to its intrinsic value and economic fundamentals. Will Read those paper when I have time.