Global gloom! If all markets are falling, is wealth being destroyed everywhere?
Or is "market value" merely a psychological delusion?
Replies to: Global gloom! If all markets are falling, is wealth being destroyed everywhere?
Over valued bubbles are being popped.
What is supposed to happen by market rules.
What about silicon valley real estate? Delusion, a bubble or real value?
My son lives in a 3 bedroom 2 bathroom 2200 square feet 50 year old ranch house originally built for blue collar aerospace workers and its worth 4 times my brand new 4 bedroom 3 1/2 bath 3500 square feet walkout in suburban Detroit. That "bubble" has been sustained and growing for decades.
Until all of a sudden it isn’t.
Yes that is over valued.
At some point the market does the correction.
It will start to happen happen at least to some extent there when the current tech bubble pops.
No free lunch yo.
Not sure, but it's definitely either Trump or Obama's fault.
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Is Trump driving the price of gasoline down? This needs to be investigated.
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Less demand is doing that. Harbinger of slow down.
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Sugar fixes only work so long.
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Things would be different if Frank were president! :-)
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Things would be different and better if my 10 year old neighbor was President.
It cannot get any worse.
Well, the tweets might be better. I'm not sure the policy would be better.
But, at least all my kids would have new gaming consoles by now.
A 10 year old would know what he/she does not know. Hire smart people and take their advice.
Orange believes that he knows all.
Is he on twitter? What's his handle?
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