education.
education.
bubbles are bubbles are bubbles. Gold, housing, .com, silver, oil, everything. All work out the same if there's a bubble. It goes up and up and up, it bursts and the value plummets.
No
We lost $5 trillion in all stock value, much of which we gained back because stocks weren't really overvalued $5 trillion
Unless mining companies are suddenly "90s high tech .coms"
This is the kind of simplistic thinking that tells me you are a conservative.
To answer that question... a lawyer.
We have to stop electing lawyers to become politicians.
Explain to me then, using accounting principles, how that is incorrect.
reasoning could be used to say a stock is over-valued in 2000, and undervalued in 2001
Sometimes it's necessary to have the recession sooner than later.
And if recession means eliminating government spending, then by all means I welcome it
When I said it would lead to a recession you wrote a rebuttal?
anyway, regardless of the recession, they'd never agree on what should be double/triple cut, the blame is very complicated despite it's labeling
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