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Next Bubble is the Biggest!

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posted on Jan, 29 2008 @ 09:30 PM
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Next Bubble is the Biggest!


www.marketwatch.com

This new ideology is extremely dangerous: It assumes the American economy can no longer be managed by politicians or Wall Street quants. The "new economy" has a life of its own, a "Terminator" from a dark future, an "I, Robot" from Asimov's sci-fi world.
Yes, our economy has become a self-sustaining "bubble-blowing machine" inventing new bubbles at warp-speed even before the last is buried, in endless reincarnations of Schumpeter's "creative destruction" cycles.
(visit the link for the full news article)


Related News Links:
www.marketwatch.com

Related AboveTopSecret.com Discussion Threads:
Fed May Cut Rate to Below Inflation, Risking New Asset Bubbles




posted on Jan, 29 2008 @ 09:30 PM
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It sounds as if this is planned! The article hints at the ability of large corporations to end our economy as we now know it!

I know very little about how the economy works....this article brought that to light in a very serious manner.

www.marketwatch.com
(visit the link for the full news article)



posted on Jan, 29 2008 @ 09:32 PM
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It would not be in the corporations interest to end our economy as we now know it.

What would be the alternative? Keep in mind they want not only cheap labor, but plenty of consumers with cold hard cash.



posted on Jan, 29 2008 @ 09:44 PM
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American debt is such that US economy is already doomed.



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