Bubble?
Dustin Logan
be the next big economic "bubble" to burst. Anyone else hear or read
anything? So far, off-the-cuff remarks, in the comment sections of
various articles, is all I've seen.
Personally, I think the next big "bubble" will be the same as the
last one--the one the government and the media have refused to talk
about--INSANE GAS PRICES! This entire economy depends on the constant
movement of large numbers of people and goods, from one place to
another. It just can't support $4 gas (or even $3 gas). As the money
reserves run out, everything will just grind to a halt--just as it
did, 3 or 4 years ago. But, the powers-that-be don't want us to see
that. Instead, they try to dazzle us with all of the real-estate BS.
But then, that's just my observation.
Dustin
null null
I agree that student loans are next. Primarily because the bubble like all other bubbles is fueled by apathy to corruption. The bubble is in part burst by the attention addressed to the corruption. The ease in which sl are transferred without documentation interest & guaranteed by the government invites lenders to um cheat. Petrol on the other hand is simply used by everyone & won't burst until there's an alternative less any comet hitting the planet but even that has been solved... (from my phone forgive my spelling)
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Dustin Logan
will cause the economy to slow to a point, that other sectors will
begin to collapse, due to insufficient capital or activity.
Basically, if people and companies are having to sacrifice paying
certain bills, so that they can devote more cash to buying
insanely-priced gas, then, the sectors most sacrificed, will be the
ones to burst.
Dustin