Comments on: How to not drive over cliffs http://clubtroppo.com.au/2008/12/19/how-to-not-drive-over-cliffs/ Fearlessly dispensing political, legal and economic analysis (and some whimsy) since 2002 Fri, 25 May 2012 13:31:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Very interesting article on the bubble and its bursting « Sachi’s hyperbolic space http://clubtroppo.com.au/2008/12/19/how-to-not-drive-over-cliffs/#comment-337776 Very interesting article on the bubble and its bursting « Sachi’s hyperbolic space Sun, 21 Dec 2008 09:31:09 +0000 http://clubtroppo.com.au/?p=6773#comment-337776 [...] bubble and its bursting Club Troppo, one of the most interesting Australian blogs around, has published a link to a very interesting story in The Atlantic with the following introduction: Henry Blodget was a [...] [...] bubble and its bursting Club Troppo, one of the most interesting Australian blogs around, has published a link to a very interesting story in The Atlantic with the following introduction: Henry Blodget was a [...]

]]> By: davebath http://clubtroppo.com.au/2008/12/19/how-to-not-drive-over-cliffs/#comment-337533 davebath Sat, 20 Dec 2008 09:44:30 +0000 http://clubtroppo.com.au/?p=6773#comment-337533 Why should we be surprised when bull markets are too full of bull? From <em>The Economist</em> (2008-03-22) "Yet, like Wile E. Coyote running over the edge of a cliff, financial services kept on going." (2007-04-21) "But it is in the nature of capitalism to test new ideas to destruction and to use new instruments as the basis of speculative excess." Why should we be surprised when bull markets are too full of bull?

From The Economist

(2008-03-22) “Yet, like Wile E. Coyote running over the edge of a cliff, financial services kept on going.”

(2007-04-21) “But it is in the nature of capitalism to test new ideas to destruction and to use new instruments as the basis of speculative excess.”

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