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Not 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
by jdminhbg 15y ago
Not 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).