The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesn’t show up.
Keep in mind people have been saying that since 1K.
Do you think the dollar is isolated from economic bubbles?
Whatever you say about bitcoin and an economic bubble you can apply to the dollar.
The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesnt show up.
So true - like refinancing our national debt.
“The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesnt show up.”
which means that the last one holding the bag IS the greater fool!