2022 Merry Market Recap: Claus for concern
Many Happy Returns
What Bubbles Are Still Left to Pop?
It's interesting that so many bubbles are kind of popping at the same time. So why did these bubbles pop? Is it as simple as money got more expensive? I think also people become less tolerant when rates are higher, because you're much less willing to put your money into speculative projects. Yeah, we haven't seen a credit bubble pop yet. And I think that's a definite possibility for next year.
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