Reply to Remember the recent bubble and crash -- it could happen again

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Reply to "Remember the recent bubble and crash -- it could happen again"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The human mind is such that it also fights the last crisis.

The next bubble won't be in real estate.[/quote]

And history doesn't repeat itself. Your right though, last bubble was credit bubble, this bubble is asset bubble. Real estate is just the most tangible vestige of bubble to the population.

Most of us don't have first hand experience with auction rate securities, MBS, or CDOs (last bubbles fallout) or private equity rental funds [Blackstone] or emerging market currencies; most of us just see the effects on these broader markets on our local economies (ie, real estate asset inflation; inflation in commodoties and food; wage deflation).

You are right, this time is different.  Before it was the investment banks who pumped the bubble; now it is the Fed [and the Fed may be aware of it, but figures it is worth the fallout to avoid Depression 2.0][/quote]

[b]I read this last night. Seems to have some truth re: Fed's position What are your thoughts?[/b]

[quote]Have We Reached Peak Wall Street? An argument its dominance is in decline by Charles Hugh Smith[/quote]

[urlhttp://www.peakprosperity.com/blog/85004/we-reached-peak-wall-street?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+PeakProsperity+%28Peak+Prosperity%29][/url][/quote]

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