Thursday, January 22, 2009

Anatomy of a bubble

Anatomy of a bubble.

Economic investment bubbles have been a scurge of mankind since at least the 1600s. We would do well to understand them better.


I think the real estate bubble has at least a couple years to fall yet, in most of the world.

3 comments:

Monsieur Beep! said...

Nice graph. It's so easy and - normal.

Eolake Stobblehouse said...

Yes. How sad that something like that should be so familiar.

Manuel Robles said...

Could be interesting to know if we are at the despair stage or further, and if it would apply only to some economic activities or the "whole enchilada" of world's economy