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Bubbles are macroeconomic phenomena. If you're discussing the likelihood of a bubble without addressing the unique macroeconomic situation the world is in—wides
by natrius 12y ago
Bubbles are macroeconomic phenomena. If you're discussing the likelihood of a bubble without addressing the unique macroeconomic situation the world is in—widespread quantitative easing to deal with a deleveraging crisis—you're probably missing something.
- smoorman1024 12y agoYes. I would say watch what happens when the Fed definitively decides to raise rates. If there is no pullback in the big social companies then I'll be converted to the "This time is different" camp