I'm just gonna say it, "Housing market anyone?" It just amazes me that hundreds of thousands even millions of people can lie to themselves and one another all at the same time. It's not a market bubble, it's a lie bubble. A big bubble full of lots of lies big and small, and when it pops everybody gets stabbed in the back. That's not even the worst of it. Now I'm looking for bubbles to invest lies in. As long as I pull out before it pops (am I going to get away with that last statement?), I can avoid all the s$#% before it goes down. I wonder what the next big bubble will be about?!
It seems like the dishonest and/or careless people who jump on opportunity right at the outset have the potential to profit from these bubbles, while the more cautious and/or honest people are a bit hesitant so they get screwed for coming in too late. Is this capitalism? Human beings? Moral Degredation? Maybe, all of the above? We will repeat this process. Is it a new phenomenon or something that's been happening since as far back as we can remember? Personally I think it's something that's been happening forever, only modern society and technology have allowed it to occur on a much larger scale. We no longer have little segregated economies, we are now a global economy. I'm talking big mother @#$%ing bubbles people! Personally, I think there are some missing laws that have not taken into account new ethical issues arising out of our modern world. In particular laws that pertain to public companies and investing.
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