Oh boy….I've 'tried' to explain this before and was ridiculed……….so am treading lightly here.
The only financial BUBBLE we have to fear are those concerning DEBT, because most of the DEBT, especially debt 'owned' (not necessarily owed) by Banks can never, will NEVER be paid……pssst….it NEVER existed in the first place (student loans and credit cards are a small part).
Our entire economy is 'faith' based and completely reliant on BUBBLES to enrich the wealthy when the bubbles finally burst. It was set up to be that way. OLD NEWS.
Today in modern times, this DEBT is being used to make 'magic' wealth for the already wealthy, thanks to the collusion by the FEDERAL RESERVE.
There's your bubble (in a nut shell). Intrigued?
*****Still too much or too long?*******I tried to keep it short this time…..