Showing posts with label Bubble. Show all posts
Showing posts with label Bubble. Show all posts

Monday, September 6, 2010

6th Sept 2010 – Housing Bubble Burst on CNBC

I am watching the documentary on CNBC which shows how the housing bubble was created in America and how it eventually burst.

Greenspan said even if he knew that bubble was coming, there is nothing that he can do to stop it. That tells me how naive the FED can be. He also said he had access to few hundreds of PhD and they all don’t understand the underlying  formula of CDOs. He added, if all those PhDs don’t understand CDOs, how are the rest of those buyers going to know what they are getting their hands on.

So the question remain in my mind… What is the next bubble that I can profit from?

Tuesday, August 31, 2010

31st August 2010 – 5 Big Economy Bubbles

This is what I read from NanYang (南洋商报) newspaper.  Just think that it will be good to share with you guys.

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