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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (261010)4/8/2008 6:39:28 PM
From: neolib  Respond to of 281500
 
Businessweek should fire whoever who said bubbles are technology driven and instead license my explanation

What? You don't think Pet Rocks and Beanie Babies were technology driven?



To: Sun Tzu who wrote (261010)4/9/2008 12:06:37 AM
From: c.hinton  Read Replies (1) | Respond to of 281500
 
the South Sea BUBBLE and Mississippi Bubble used no new technology.....just the promise of riches in land and trade that never materialized.

i particularly like the south sea one since it also involved gov debt consolidation.