http://sovereignspeculator.com/2010/03/07/long-term-bubbles/ Just another WordPress.com site Mon, 30 Jan 2012 00:05:17 +0000 hourly 1 http://wordpress.com/ http://sovereignspeculator.com/2010/03/07/long-term-bubbles/#comment-1909 Sun, 07 Mar 2010 22:17:00 +0000 http://sovereignspeculator.com/?p=4188#comment-1909 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-1908 Sun, 07 Mar 2010 21:27:18 +0000 http://sovereignspeculator.com/?p=4188#comment-1908 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-1907 Sun, 07 Mar 2010 21:19:21 +0000 http://sovereignspeculator.com/?p=4188#comment-1907 Surely you mean Dow 600, gold $800? Personally I like Dow 300, gold $400.

]]>