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No...no. Surplus of Capital Since 2008, most traditional investment vehicles like real estate and the stock and bond market have had poor returns. Capital has
by daniel-cussen 15y ago
No...no.
Surplus of Capital
Since 2008, most traditional investment vehicles like real estate and the stock and bond market have had poor returns. Capital has been shifting from these traditional vehicles to Asia and Venture Capital in search of extraordinary returns.
So, what you have to remember is that there are actually several different kinds of economic catastrophes, and that a bubble is only one of them. You also have hyperinflation, for one, and it's much more plausible that this is what is actually happening. And while this is largely irrelevant for America as a whole, it matters a lot at a local level: if you're in California, for instance, you're alright as you're upstream from a lot of folk. If you're in the Rust Belt, though, you might find it's suddenly even harder to compete with Asia. So while there is something rotten in the state of Denmark, the tech sector is not the one in trouble.