Post
Topic
Board Economics
Re: Bubble only exists where lack of culture (and criminal elite behind the bubble)
by
AntiVigilante
on 16/05/2011, 07:45:03 UTC
Quote
Unsuccessful ones, ones that look more like bubbles, are built upon total dependence on external inputs and one-way processes.

Bubbles are not depending for the full 100% on external inputs. Bubbles are sometimes created beceause it happend in thhe past that they were working fine. But now people start to put more and more hope on/in that bubble, those same people who are already inside the bubble without realizing it that they are feeding; by rumours; their own bubble.

Hope is fake work. Culture is real work. Thing is culture you can get for free if you are willing to trade the time.