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I thought the main difference this time is that it’s not just one bubble like tulips or tech but the fact that multiple important industries are all in bubbles
by rcarr 4y ago
I thought the main difference this time is that it’s not just one bubble like tulips or tech but the fact that multiple important industries are all in bubbles creating in effect a super bubble that surpasses all others?
https://www.gmo.com/americas/research-library/entering-the-superbubbles-final-act/ https://www.gmo.com/americas/research-library/entering-the-s...
- opportune 4y agoIt’s just the credit cycle, not a bubble, simply the consequence of low cost of capital. It is deflating already and as the parent said it’ll likely be a correction rather than a true bubble pop, outside of maybe a few sectors like crypto or early stage public companies