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by nosuchthing 4107 days ago
Why are there bubbles in the first place?

Would it not be in the interest to prevent trillions of dollars in losses due to economic bubbles bursting? Or is that part of a finance game where shorting companies becomes very profitable?

1 comments

If you can figure out why bubbles happen and are able to predict them then there's a Nobel in economics waiting for you
Why a particular bubble progresses is easy, especially in hindsight. It's predicting its future that's hard.