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To: Enlightened1

The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesn’t show up.


14 posted on 12/18/2017 7:31:26 AM PST by HamiltonJay
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To: HamiltonJay

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.


16 posted on 12/18/2017 7:34:39 AM PST by Enlightened1
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To: HamiltonJay

“The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesn’t show up.

So true - like refinancing our national debt.


38 posted on 12/18/2017 8:00:12 AM PST by aMorePerfectUnion
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To: HamiltonJay

“The problem with economic bubbles built on the greater fool theory..... is sooner or later, the greater fool doesn’t show up.”

which means that the last one holding the bag IS the greater fool!


84 posted on 12/18/2017 11:55:28 AM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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