boom and bust


B

bof

This could easily have been written a year or two back:

=======================================================================
Optimism is the most serious cause for the global economic bubble.

There is an ocean of people who are now feeling so optimistic that not
only have they become expectant of the fact that they are deep in
clover, but they have told everybody else that they are also deep in
clover.

Optimism has an uncanny knack of being self-fulfilling.

No wonder almost every single quoted share in the world has gone up
significantly, mostly by half, if not much more.
=======================================================================


it's just an inverted article by David Tang:

<http://news.bbc.co.uk/1/hi/business/7785564.stm>
 
Ad

Advertisements

T

Tiddy Ogg

This could easily have been written a year or two back:

=======================================================================
Optimism is the most serious cause for the global economic bubble.

There is an ocean of people who are now feeling so optimistic that not
only have they become expectant of the fact that they are deep in
clover, but they have told everybody else that they are also deep in
clover.
And why not? That nice Mr McBrown told us that he'd put an end to
boom and bust, 'cos a little voice he calls Prudence tells him so,
thus allowing him to mishandle the economy for 10 years until the
brown stuff... alas not the Brown stuff hits...
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top