- Thu Dec 15, 2016 10:23 am #483149
If true, it means that people are leveraged in the market. When the market collapses it will lead to the usual bankruptcies and ripple effects through the economy.
Truth is a pathless land.
Phaedrus wrote: I'm just thinking a bubble is developing and it is borrowed money. I don't think it is explained by moving money from bonds or cash positions. Should the next government focus on "priming the pump" and giving large tax breaks, that bubble will expand because a booming market attracts money more than some dull investment in production and jobs.