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Politics : Foreign Affairs Discussion Group

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To: c.hinton who wrote (261061)	4/9/2008 8:21:08 PM
From: Sun Tzu	Read Replies (1) of 281500

>> Both south sea and Mississippi bubbles were based on fraud not new tech. I don't believe that fraud, however successful, qualifies as "bubble". What makes a bubble so is the desire of the public to buy more simply because the price of the item has gone up; in other words a perversion of basic economics. ST

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