Bubble Economics

Texas Proud · 01-30-2008, 10:45 AM

Quote:

Originally Posted by Retire Soon

I hope that you are right and I am wrong!

Me too!!! I will have to borrow some tin for my hat as I don't have any

BTW, Audrey... one of my co-worker came by and we were talking about a stock that lost 30% yesterday... and he said he read something that said we are now in 'bubble' economies... that we will continue to be going from one bubble to the other... tech, internet, real estate.. and the next one coming is 'alternative energy' or 'green'...

We have a huge herd mentality in this country now and people are going after the quick buck.. but so is everybody else...

REWahoo · 01-30-2008, 10:51 AM

Quote:

Originally Posted by Texas Proud

BTW, Audrey... one of my co-worker came by and we were talking about a stock that lost 30% yesterday... and he said he read something that said we are now in 'bubble' economies... that we will continue to be going from one bubble to the other... tech, internet, real estate.. and the next one coming is 'alternative energy' or 'green'...

I think this is probably what he was referring to: America, Land of the Bubbles

Nanita8140 · 01-30-2008, 11:51 AM

Quote:

Originally Posted by REWahoo

I think this is probably what he was referring to: America, Land of the Bubbles

Should we go from "in God we trust" to "in bubbles we trust"?

**Want2retire** · 01-30-2008, 11:53 AM

Quote:

Originally Posted by Nanita8140

Should we go from "in God we trust" to "in bubbles we trust"?

You know, I think I'm going to take a long bubble-bath after work and think about this thread...

Texas Proud · 01-30-2008, 12:07 PM

Quote:

Originally Posted by REWahoo

I think this is probably what he was referring to: America, Land of the Bubbles

Must be... sounds a lot like what he was talking about.... interesting article and I agree with the last statement....

REWahoo · 01-30-2008, 12:11 PM

Looks like this subject deserves its own thread, so I split it off from the housing price drop discussion.

01-30-2008, 12:11 PM	#6
REWahoo Moderator Emeritus Join Date: Jun 2002 Location: Texas Hill Country Posts: 10,392	Looks like this subject deserves its own thread, so I split it off from the housing price drop discussion. __________________ Some claim to have a crystal ball when it comes to investing in stocks and real estate. Me, I've got a disco ball... Retired in 2005 at age 58 - better FIREd late than never.

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