Wednesday, July 4, 2007

More bearish analysis

Has Bear Stearns finally popped the great world bubble?

So no, the 'pros' are not yet calling the big one. But then they never do, until it happens. Such is the curse of consensus, and slavery to linear economic models. Crashes are famously non-linear.

Posted by papabear @ 01:14 PM (336 views)
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