I found this headline funny, maybe because it’s so absurd: “At $500 billion Apple is worth more than Poland”. http://money.cnn.com/2012/02/29/technology/apple_market_cap/
Seems like once one bubble breaks (ie housing bubble), another few start growing. The US Treasury bonds are also sitting a massive bubble.
Do y’all think there might be a better use for excess capital than just dumping it into these paper bubbles? Seems most of our excess capital (investment dollars) just goes into bidding up the price of stock paper, gold, and oil. Is that a good thing?