[quote=livinincali][quote=flu]People keep predicting a doomsday in the near term and that the Fed and government can kick the can down the road only so many more times.
I think it’s pretty evident, however, just how long and how far the Fed and our government can and will kick the can down the road… They are a can kicking guru, and will do the same thing over and over again if needed.
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They managed to blow a bubble for 6 years after the NASDAQ bubble burst. We’re really only into this current bubble about 5-6 years. It’s kind of funny that we get really confident in their ability to control and manage everything right about when the bubble pops again. I remember how confident everybody was about subprime being contained back in 2007. We’re probably pretty close to being there again and we just completely ignore what happened last time thinking it’s different this time. Most of us have been through 2 big bubbles and here we are again saying it’s not a bubble. I guess we like to forget.[/quote]
but after the bubble did burst….where are we now?
How many people the held on really got hurt in both cases?
