2min chapter

The David McWilliams Podcast cover image

King Trump and the Bubble Economy

The David McWilliams Podcast

CHAPTER

Understanding the Stages of Economic Bubbles

This chapter explores the cyclical nature of economic bubbles, drawing on the insights of economist Charles Kindleberger. It highlights the shift in mindset from despair to exuberance and cautions against the current optimism in U.S. markets, particularly regarding major tech companies.

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