http://sovereignspeculator.com/2010/03/07/long-term-bubbles/ Thoughts on the markets and the decline of the west Mon, 20 Dec 2010 21:43:01 +0000 http://wordpress.org/?v=2.6 http://sovereignspeculator.com/2010/03/07/long-term-bubbles/#comment-8711 Graphite Sun, 07 Mar 2010 22:17:00 +0000 http://sovereignspeculator.com/?p=4188#comment-8711 BTW Charles MacKay's <i>Extraordinary Popular Delusions and the Madness of Crowds</i> is available online for free here: http://www.archive.org/details/extraordinarypop014178mbp His histories of the Mississippi Scheme, South Sea Bubble, and Tulipmania are all very good reads. They tried all the exact same tricks to reinflate the bubbles back then. When they finally burst, the public's desire for revenge was almost insatiable. BTW Charles MacKay’s Extraordinary Popular Delusions and the Madness of Crowds is available online for free here: http://www.archive.org/details/extraordinarypop014178mbp His histories of the Mississippi Scheme, South Sea Bubble, and Tulipmania are all very good reads. They tried all the exact same tricks to reinflate the bubbles back then. When they finally burst, the public’s desire for revenge was almost insatiable.

]]> http://sovereignspeculator.com/2010/03/07/long-term-bubbles/#comment-8710 Mike Sun, 07 Mar 2010 21:27:18 +0000 http://sovereignspeculator.com/?p=4188#comment-8710 Yes, of course (this was written under heavy jetlag) I meant Dow 600, gold 800, and actually my first inclination was to write 300/400, but it still seems too crazy even for me. Yes, of course (this was written under heavy jetlag) I meant Dow 600, gold 800, and actually my first inclination was to write 300/400, but it still seems too crazy even for me.

]]> http://sovereignspeculator.com/2010/03/07/long-term-bubbles/#comment-8708 Graphite Sun, 07 Mar 2010 21:19:21 +0000 http://sovereignspeculator.com/?p=4188#comment-8708 Surely you mean Dow 600, gold $800? ;-) Personally I like Dow 300, gold $400. Surely you mean Dow 600, gold $800? Personally I like Dow 300, gold $400.

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