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/biz/ - Business & Finance

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50960829 No.50960829 [Reply] [Original]

How do you recognize an economic bubble?

>> No.50960852

>>50960829
zoom out

>> No.50960879

if you're not poor you're in a bubble

>> No.50960976
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50960976

>>50960829
broken feedback loop, where promising asset gets overpumped due to overallocation of resources. The problem is that the asset *should* be pumping, but the price is way out of whack.

Guessing the correct price is one thing, guessing what the market should price it at is another, which is why retards making shitload of money and clever people getting wiped or missing gains muddies the whole thing

>> No.50961034

>>50960829
You just gotta be able to remove yourself from all the noise and all the bullshit people are saying in society and look at things objectively

As a chronically online autist, this should come naturally and you should realize how retarded things are rn, back when I used to have a social life and participate in society regularly I found LSD and meditation can both work to recreate that clear headedness

>> No.50962644

>>50960829
people who are marginally stupid making amazing salaries doing something that adds effectively no economic value

>> No.50962848

>>50960829
"it's not a bubble"

>> No.50963002

by listening to experts :)