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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (105289)3/1/2009 11:39:38 PM
From: JohnM  Respond to of 542970
 
Well, I've come to the conclusion that serious bubbles, and the real estate bubble was the most serious, carry their own assurances that risk is basically a thing of the past. Inside the cultural bubble of a bubble, so to speak, the risk/reward ratios just get trashed. The genuinely tough thing to do is to say the king has no clothes, to change the metaphor, simply because life doesn't feel that way.