Paul Kedrosky's Infectious Greed
Finance & The Money Culture
Everyone is getting on the bubble-spotting act:
Isn't coverage by mainstream (lamestream?) media the surest sign there is in fact a bubble? Like how the number of times 'recession' is mentioned in the media predicts recessions.
No. no, no. This time really is different.
Some of the values for social networking websites are really unbelievably high. I agree with the headline that it displays the characterisitcs of a bubble.
The trick isn't spotting the bubble, the trick is predicting the timing of the pop.
Paul Kedrosky‘s Infectious Greed
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