Post
Topic
Board Economics
The stock market is a bubble now
by
Lionel
on 16/03/2018, 14:34:16 UTC
https://www.forbes.com/sites/michaelkay/2017/12/05/waiting-for-the-stock-market-bubble-to-burst/

We hear saying "Bitcoin is a bubble" all the time from ad-hoc news on mainstream media.
They release them to attack Bitcoin, for making the price drop so that they take the chance to buy low, before the cryptocurrency boom of the decades to come.

But they always avoid admitting some facts that may debunk their fake propaganda: "traditional" assets are a giant bubble now. Way more than Bitcoin ( if it really is a bubble).
Think about

- real estate: it skyrocketed for decades, but it was all an artificially-made price. Now you are observing what is the real value of terrains and houses. We can say it did not drop, it just revelaved its real value , while the one it used to have was artificial.
Wanna smile a bit? Now we may enter a car-estate bubble because of that! https://boingboing.net/2017/12/29/working-maker-poor.html

- many tech stocks are overvalued now. It cannot go on like this forever.
https://seekingalpha.com/article/4129575-one-glaring-problem-apple-stock
https://investorplace.com/2017/08/heres-why-facebook-inc-fb-stock-remains-overvalued-ggsyn/
IMO they are going to plummet to a fair price , the only question is how long are they going to resist with the pump? They cannot sustain that for 10 more years for sure, it takes efforts from their part