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Global Economy
by tj on August 1, 2008
© h.koppdelaney
However it's always easy to say because no we know it's a bubble. But back in 1999 it was not that easy as you never know exactly where the growth stops. What is overheating and what is 'real growth? China's FDI and GDP keeps growing every year - sustainable or not? so far yes. Japan's growth from 1980-1990 a bubble? yes we know now but in 1988? Hard to say.
The housing market a bubble? Yes we knew that one but in 1998 housing a bubble? Maybe...
Tags:
bubbles
technomanias
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/130434
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Vote for The internet and the railroad bubble - or how to predict a technomania:
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Rating: 8.67 out of 3 vote(s) cast.
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Response from:
Ling
(08/05/08 11:03pm)
Hindsight always makes things pretty simple and clear. But right now, we can't even agree if there's a recession on or not.
Response from:
Post Saver - Website voting and saving system
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