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The economic outlook in the major developed economics that matter are doing rather poorly, yet people think it will just keep heading upwards?
Some of you should sign up to the Financial Times and look at the craziness of some of the markets. It's excess to extreme. It'll pop soon enough, but nobody knows what minor event will cause it.
When was the last time the stock markets reflected the real economy? They've been "crazy" for more than a decade, some more than others (e.g., NASDAQ).
The economic outlook in the major developed economics that matter are doing rather poorly, yet people think it will just keep heading upwards?
Some of you should sign up to the Financial Times and look at the craziness of some of the markets. It's excess to extreme. It'll pop soon enough, but nobody knows what minor event will cause it.
Well if a deadly pandemic could not do it then not even incoming asteroid would - SpaceX will just do IPO and everybody will pile in
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