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Yes, it’s a bubble. But who cares?

6 点作者 karangoeluw大约 10 年前

1 comment

mark_l_watson大约 10 年前
That is a good article, and sure, we are in a bubble.<p>But, perhaps not as big of a bubble as you might think: in the USA, the federal reserve and the financial oligarchies produce a lot of money out of thin air. Big players like investment banks, etc. get money at basically a free interest rate, and they need to park this (mostly) free money somewhere, and the stock market, start up investments, and real estate is where this &#x27;money&#x27; lands.