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dollar bubble

Dollar Bubble Finally Pops

Submitted by charliehiphop on Mon, 2011-08-08 21:27

If you think the London riots are bad, just wait.

Look, I don't want to scare anybody. I've been warning about the dollar bubble for a few years now. Now that the credit rating of the United States of America is less than perfect, well... it has come to pass. The dollar is screwed. So is the euro and every other "hard" currency. The jig is up. Read it all

Dollar Bubble Update

Submitted by charliehiphop on Fri, 2009-07-24 21:45

As many of you (well, the 14 or so of you who read regularly, anyway) know, I've been writing about the dollar bubble for several months. My theory is that the value of the dollar itself is a bubble like the housing bubble and the tech bubble. Like all bubbles, this one will pop or be deflated, and it will be ugly indeed. Imagine a world where everything cost a lot more. Read it all

Beware the "Dollar Bubble"

Submitted by charliehiphop on Thu, 2008-10-23 09:17

*sigh*

Before expounding upon the current dollar bubble, let me wax philosophical on herds of monkeys...

When will people evolve? Biologists classify us as monkeys, and we are monkey-like, but you'd think we would have evolved beyond "Monkey see, monkey do," by now, especially where money and investments are concerned.

Bubbles are caused by herd-like behavior, and apparently monkeys move in herds. Everybody buys tulips, tech stocks, houses, or whatever, and the prices of those things skyrocket until people look down and get scared (or see the opportunity to take profits), shortly after which point a mad rush for the exits ensues. At that point, the bubble pops. Read it all