E-Mail a Friend All good things must come to an end but do they have to end so soon? A new bubble-blowing formula called Catch-A-Bubble extends the lifespan of the average soap .
The dotcom bubble had burst, and 911 had squelched whatever was left of the old irrational exuberance.
At the heart of the credit crunch now afflicting the global economy is the bursting of a great housing bubble throughout much of the developed world.
The Biggest Bond Bubble In History Is Turning Into Carnage “We’ve intentionally blown the biggest government bond bubble in history,” confessed Andy Haldane, Executive Director of Financial Stability at the Bank of England, to Members of Parliament in London last week. The bursting of that bubble was a risk he felt “acutely,” he warned.
June 18, 2013 - Business Insider
Biggest Bond Bubble In History Is Turning Into Carnage Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter “We’ve intentionally blown the biggest government bond bubble in history,” confessed Andy Haldane, Executive Director of Financial Stability at the Bank of England, to Members of Parliament in London last week. The bursting of that bubble was a risk he felt “acutely,” he warned. There have already been “shades of ...
June 18, 2013 - Zero Hedge
The Chinese Credit Bubble In Four Charts China's credit bubble is unlike anything in modern history, according to Fitch. Ambrose Evans-Pritchard of The Guardian reported that Fitch thinks the scale of Chinese credit is so massive that it can no longer grow out of its excesses.
June 18, 2013 - Business Insider
Barack Obama in TIME In the end, this is a symptom of a larger problem - a bubble and bust economy that valued reckless speculation over responsibility and hard work,President Obama said in a statement. "That is what we must ultimately repair to build a...
David Cameron in This is London Those bad debts, those risky loans, the soaring house prices, the systemic risk, the asset price bubble - they all fell between the cracks of the system,said Mr Cameron.
Sacha Baron Cohen in FOXNews Kenneth, if it was not for that rancid bubble, I would not be here today,Cohen said.