by Gary Christenson
Bubbles, like a cocaine high, are fun while they last. History confirms that bubbles and cocaine are enjoyable, because central banks blow many bubbles and the U.S. imports a large quantity of cocaine.
Bubbles are fun, but they extract a price. There is no free lunch.
2019: The Everything Bubble.
It hasn’t crashed yet, but there are many bubble piercing objects on the horizon. Prepare for the implosion; it’s coming.