We're missing the one thing that makes a bubble a real serious bubble which is "Well, let's invest in this because there is literally no way to lose!"
This was the mark of the housing bubble (otherwise my parents wouldnt have told me to buy a house almost immediately after I graduated college) and is why people invested in Ramps.com and petfood.com at the time of the dot com boom.
That's the type of behavior that is the mark of a bubble, we're not seeing this happen yet.
This was the mark of the housing bubble (otherwise my parents wouldnt have told me to buy a house almost immediately after I graduated college) and is why people invested in Ramps.com and petfood.com at the time of the dot com boom.
That's the type of behavior that is the mark of a bubble, we're not seeing this happen yet.