SHILLER Starting To Worry About A Bubble - My Take
SHILLER Starting To Worry About A Bubble - Business Insider
Robert Shiller has it wrong. There is a bubble anywhere that the first time buyer has exited the market. The ponzi process cannot function if first time buyers are gone. So, there is a bubble in Las Vegas, even if we are off the bubble high of the last decade, because the first time buyer has exited the building.
Robert Shiller has it wrong. There is a bubble anywhere that the first time buyer has exited the market. The ponzi process cannot function if first time buyers are gone. So, there is a bubble in Las Vegas, even if we are off the bubble high of the last decade, because the first time buyer has exited the building.
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