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Always living in yet another bubble another huge unsustainable runup in the price of something.
First it was dot com stocks than it was housing now may be it is treasury securities maybe.
So here's my take on bubbles that phone when -- in -- but just plain awful when -- lost.
When the dot com mania and the economy went into recession the -- -- as rapidly became a big deficits.
When -- home price boom ended we have a panic of 08.
Both of those bubbles -- terrific for investors while they lasted but as we know they both ended in tears so how about the current bubble that would be.
It is not widely understood the back money that Ben Bernanke has been printing has been used to buy -- debt.
And that has pushed treasury prices way up bubble level it is a bubble.
What happens what it costs they will eventually you know.
Several light of the people who lend the money will say you do how borrowed so much you can buy it back and you have killed the Dalai.
-- -- Interest rates go straight up the economy goes straight down and by the way.
Ben will be unable to print is way out of trouble because it was printing that got us into the mess in the first place I do not have a solution.
Amid the conviction that we are indeed in another bubble I don't know exactly how this thing we'll shake out I don't know which investment will do well eventually.
But I do know that this bubble will bust a when that happens there will be any -- two years.
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