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Bubble Economy

August 18, 2007 9:54 am

No one argues that we are in a bubble economy right now. Just when the pin will burst the bubble.

I’m hoping soon. Signs of it was shown on Thursday. If the Bank of Canada and US Fed Reserve didn’t step in by putting in money and having lenders calm things down, we might still be on a downward trend.

How long can the Government keep on putting in money. Where does the money come from? Every time the BoC and US Feds put in money, they devalue their respective curriences.

Fun times to come, at least for people who are very liquid.

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