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by 37ef_ced3 1470 days ago
Animats, I was a fan of your Downside site: http://downside.com/

Downside's goal is to remind people that we're experiencing a financial bubble, and that financial bubbles always burst. (We originally wrote that in April, 2000. Any questions?)

And here we are, living through another huge bubble.

1 comments

Nowadays we are a bit more sophisticated and call it "the business cycle". It's totally normal and the people hurt during the process are doing it for the greater cause of the free marketâ„¢, don't worry, they love it.