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and-con Donating Member (23 posts) Send PM | Profile | Ignore Sun Aug-08-10 08:40 PM
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When did the bubbles start
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So, I just passed college economics, and we did not on even a single occasion talk about bubbles. Even though most of my classmates were my age(late teens, early twenties) and our lives have been punctuated by bubbles. During the nineties, everyone bought stock, you weren't cool unless you had stocks. Then most everyone lost their shirts, and ran from that. So they came to land, land never loses value. So we watched our land, and home values spike. Then they hit the other side of that spike, and plummeted. Now gold is soaring, and I don't know if that's the next bubble, I've also heard rumors that T-bonds will be the next bubble, I don't know what will be, but when did our economy become bubbles? What was the first bubble? Am I wrong, there are older wiser people here, feel free to correct me.
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