Wednesday, June 01, 2005

The Bubble Bubble

The Bubble Bubble
How do you know there is a housing bubble? When there is a bubble in articles about the bubble. Read on for another excellent bubble roundup.

4 comments:

Jack Krupansky said...

It's usually safe to presume that there isn't a bubble if large numbers of people are publicly stating that they believe there is a bubble.

Please don't forget that we're in America, and in America we like to do *everything* to some degree of excess. That's what we do and how we do it.

My prediction: Your so-called "Bubble Bubble" will continue to expand until people get tired of talking about it and move on to the next perceived "bubble".

Enough "bubble babble" already. If anyone doesn't like excess, America is the wrong place for them to be living.

If they prefer that Americans become calm, sedate, and supremely rational, like the Europeans, with their lackluster economy and economic prospects, emmigration is an option.

-- Jack Krupansky

Chris said...

Jack,

You make a good point. But if you may recall the most recent stock market bubble, the "bubble babble" is actually the penultimate stage of the bubble.

Back in 1998 and 1999, many people warned that there was a bubble. But by 2000, the Cassandras had given up. When that happens, the end is near.

So we're not at the top yet, but we're close.

As for America, one of my favorite bits from the Simpsons is when Homer Simpson is in Brazil, and he's wearing a t-shirt that shows Uncle Sam eating the globe with the caption, "Just try to stop us."

I'm proud to be an American. Ultimately, it will be our culture and spirit that converts the rest of the world to our way of thinking, not our weapons. The old will eventually die, and the young will always gravitate to freedom.

Anonymous said...

hm interesting idea you have here. very interesting indeed. Maybe I should introduce myself to the world. My name is joey boy. Well, thats what my friends at the home call me... I think they are my friends I do not know really. English is my fourth language. Or is it my first? I do not know. Im a bit of a retard as the kids on the block call me. at least... I THINK they call me. I Please don't forget that we're in America dont think they are talking to me I think they are talking at me. Or perhaps about me I am not sure. Enough "bubble babble" already. If anyone doesn't like excess, America is the wrong place for them to be living. If they prefer that Americans become calm, but they are evil just like me and you. and my friend yobidodo is evil too. thats all for now folks. regular updates soon!!!!

*does MC hammer dance... like... really....*

Anonymous said...

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