It's a kind of insansity. It's the aftermath I worry about. There are going to be a lot of very annoyed people.
"There are going to be a lot of very annoyed people."
Never mind annoyed, with the new bankruptcy laws there's going to be some very broken people in the wreckage.
The long, colorful and entertaining history of speculative bubbles ought to be taught in high schools.
But when markets crash there's always bargains to be had. Frankly I'll be glad to see our latest breed of investment geniuses and their perpetual motion theories come back down to earth. What amazes me is it's only 4 or 5 years after the last bubble and all the same rhetoric is being rehashed. Well, I was a fool not to ride high and low with a bunch of tech stocks, and I'm a fool now to stick my with currencies and funds.