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Also Europe isn't causing massive bubbles every other year that throw half of the world into a depression. Just wondering if this is related, not trying to star
by sebilasse 15y ago
Also Europe isn't causing massive bubbles every other year that throw half of the world into a depression. Just wondering if this is related, not trying to start a flame-war or whatever.
- jdminhbg 15y agoNot entirely sure how you can look at the economic history of the past 3 years or so and think Europe doesn't have any bubbles or financial crises. But more to the point, I don't think technical innovation has much to do with bubbles, any more than building technology caused the real estate bubble.
- sebilasse 15y agoI don't see a bubble (not financial or other crises) originating in Europe that had an impact world-wide similar to the dot-com bubble and the real estate bubble which is partly caused by some financial "innovation" (credit default swaps).