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Wednesday, December 09, 2009

Bubble Alert! 

By Charlottesvillain at 12/09/2009 12:58:00 PM
Paul Kedrosky warns that another bubble is about to burst.

Damn, I should've seen this coming.

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2 Comments:

By Anonymous Anonymous, at Thu Dec 10, 02:33:00 PM:

The effects of the last bubble are perhaps a little more serious (at least the effects are still with us), and it's amazing how often the Fed is being blamed now. I think the Congress's promotion of a real estate bubble had more to do with the problem myself, but that's becoming the minority view. It's not enough that kooks like Ron Paul are on the Fed's case. Now, famed Singaporean Jim Rogers is calling for the abolishment of the Fed, to prevent future bubbles and reduce inflationary risks. Wow.  

By Blogger Charlottesvillain, at Fri Dec 11, 11:17:00 AM:

Jim Rogers has been calling for the abolition of the Fed for at least four years, probably longer.  

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