- This topic has 10 replies, 3 voices, and was last updated 17 years, 3 months ago by
scaredyclassic.
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January 13, 2008 at 6:19 AM #11486January 13, 2008 at 7:12 AM #135038
VanMorrisonFan
ParticipantThis is a big challenge to policy makers…
The problem is that every time they “solve” one problem they create another one. The real estate bubble started with the tech stock melt-down and the desire of policy makers to inject liquidity into the economy. They brought interest rates down…which led to many cheap mortgage dollars chasing a relatively small pool of truly eligible borrowers. You know the rest.
Who knows what the next asset class is that will get the bubble treatment?
Meanwhile, California faces a fiscal crisis…even as our State economy is headed down.
January 13, 2008 at 7:12 AM #135231VanMorrisonFan
ParticipantThis is a big challenge to policy makers…
The problem is that every time they “solve” one problem they create another one. The real estate bubble started with the tech stock melt-down and the desire of policy makers to inject liquidity into the economy. They brought interest rates down…which led to many cheap mortgage dollars chasing a relatively small pool of truly eligible borrowers. You know the rest.
Who knows what the next asset class is that will get the bubble treatment?
Meanwhile, California faces a fiscal crisis…even as our State economy is headed down.
January 13, 2008 at 7:12 AM #135238VanMorrisonFan
ParticipantThis is a big challenge to policy makers…
The problem is that every time they “solve” one problem they create another one. The real estate bubble started with the tech stock melt-down and the desire of policy makers to inject liquidity into the economy. They brought interest rates down…which led to many cheap mortgage dollars chasing a relatively small pool of truly eligible borrowers. You know the rest.
Who knows what the next asset class is that will get the bubble treatment?
Meanwhile, California faces a fiscal crisis…even as our State economy is headed down.
January 13, 2008 at 7:12 AM #135291VanMorrisonFan
ParticipantThis is a big challenge to policy makers…
The problem is that every time they “solve” one problem they create another one. The real estate bubble started with the tech stock melt-down and the desire of policy makers to inject liquidity into the economy. They brought interest rates down…which led to many cheap mortgage dollars chasing a relatively small pool of truly eligible borrowers. You know the rest.
Who knows what the next asset class is that will get the bubble treatment?
Meanwhile, California faces a fiscal crisis…even as our State economy is headed down.
January 13, 2008 at 7:12 AM #135332VanMorrisonFan
ParticipantThis is a big challenge to policy makers…
The problem is that every time they “solve” one problem they create another one. The real estate bubble started with the tech stock melt-down and the desire of policy makers to inject liquidity into the economy. They brought interest rates down…which led to many cheap mortgage dollars chasing a relatively small pool of truly eligible borrowers. You know the rest.
Who knows what the next asset class is that will get the bubble treatment?
Meanwhile, California faces a fiscal crisis…even as our State economy is headed down.
January 13, 2008 at 10:49 AM #135083scaredyclassic
Participantthere is an article in this month’s HARPERS MAGAZINE on precisely this topic. the founder of itulip, famous dude, says the next coming bubble will be in alternative energies. but the article is a generally interesting iscussion on the bubble phenomenon. great magazine too byt he way, makes oyu smarter to read it. i read it cover to cover every sngle month
Drink Heavily.
January 13, 2008 at 10:49 AM #135276scaredyclassic
Participantthere is an article in this month’s HARPERS MAGAZINE on precisely this topic. the founder of itulip, famous dude, says the next coming bubble will be in alternative energies. but the article is a generally interesting iscussion on the bubble phenomenon. great magazine too byt he way, makes oyu smarter to read it. i read it cover to cover every sngle month
Drink Heavily.
January 13, 2008 at 10:49 AM #135280scaredyclassic
Participantthere is an article in this month’s HARPERS MAGAZINE on precisely this topic. the founder of itulip, famous dude, says the next coming bubble will be in alternative energies. but the article is a generally interesting iscussion on the bubble phenomenon. great magazine too byt he way, makes oyu smarter to read it. i read it cover to cover every sngle month
Drink Heavily.
January 13, 2008 at 10:49 AM #135339scaredyclassic
Participantthere is an article in this month’s HARPERS MAGAZINE on precisely this topic. the founder of itulip, famous dude, says the next coming bubble will be in alternative energies. but the article is a generally interesting iscussion on the bubble phenomenon. great magazine too byt he way, makes oyu smarter to read it. i read it cover to cover every sngle month
Drink Heavily.
January 13, 2008 at 10:49 AM #135378scaredyclassic
Participantthere is an article in this month’s HARPERS MAGAZINE on precisely this topic. the founder of itulip, famous dude, says the next coming bubble will be in alternative energies. but the article is a generally interesting iscussion on the bubble phenomenon. great magazine too byt he way, makes oyu smarter to read it. i read it cover to cover every sngle month
Drink Heavily.
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