Originally Posted By fkurucz This is from the Onion. <a href="http://www.theonion.com/content/news/recession_plagued_nation_demands" target="_blank">http://www.theonion.com/conten..._demands</a> The scary thing is that even though the article is satire, it hits way too close to home if you ask me.
Originally Posted By fkurucz "Every American family deserves a false sense of security," said Chris Reppto, a risk analyst for Citigroup in New York. "Once we have a bubble to provide a fragile foundation, we can begin building pyramid scheme on top of pyramid scheme, and before we know it, the financial situation will return to normal."
Originally Posted By Dabob2 I demand this bubble. <a href="http://www.bbc.co.uk/comedy/abfab/family_tree/bubble.shtml" target="_blank">http://www.bbc.co.uk/comedy/ab...le.shtml</a>
Originally Posted By Mrs ElderP It sure seems like we've jumped from bubble to bubble hasn't it? Tech Stocks, Houses and the Mortgages that go with them, and now (hopefully) oil...
Originally Posted By Kar2oonMan I hope the "I Have Bluetooth And I Am Going To Wear This Bluetooth Headset Everywhere I Go" bubble bursts soon. I'm the last person to offer fashion advice. But people, please. Look in the mirror. What you think makes you appear futuristically hip really makes you look like President McDork of the Dorksville Association of Total Dorks. Really. People are laughing after you pass by. I thought, as a friend, I would tell you.
Originally Posted By Sport Goofy If you think that Onion article was scary, check out this one -- first published in January 2001. <a href="http://www.theonion.com/content/node/28784" target="_blank">http://www.theonion.com/conten...de/28784</a> Satire? Truth is stranger than fiction.
Originally Posted By Kar2oonMan >>I just put my whole life savings into pixie dust . . .<< Ah, Disney Vacation Club. Good call.
Originally Posted By X-san ***It sure seems like we've jumped from bubble to bubble hasn't it? Tech Stocks, Houses and the Mortgages that go with them, and now (hopefully) oil...*** Oil is a bit of a different story though, in that we are certainly in a powerful commodities BULL MARKET, but I'm not sure you can equate that to anything "false" as in the case of true economic bubbles. For reference, look no further than the great commodities depression of 1980-2000 and what preceded it. Back in the late 70's, oil/gold/other commodities were at sky high prices much like now. Then, things changed. BUT, even if it is somewhat of a speculative bubble right now, the fact that the BEAR MARKET for commodities lasted 20 years makes me wonder if we are really near the end of the reversal now, after only 8 years.
Originally Posted By fkurucz When I think of Bubbles, I think of manias and irrational buying of assets, whether the be tulip bulbs, dot com stocks or $600,000 starter homes in San Bernardino County. The one thing that differentiates oil is that we HAVE to buy gas for our cars. One might argue that you need a home, but there is always the option of renting.
Originally Posted By Kar2oonMan In an effort to be more environmentally friendly, I've switched all my tulip bulbs with those new CFC tulip bulbs. The tulips look nice, but the stems are all this odd spiral shape that I can't get used to.
Originally Posted By friendofdd I tried the same thing. One exploded (mildly). I've had to hire a gardener who has a haz-mat team.
Originally Posted By SuperDry When I think of Bubbles, I think of the pet chimp that a certain "gloved one" used to have.
Originally Posted By DyGDisney <<<I'm the last person to offer fashion advice. But people, please. Look in the mirror. What you think makes you appear futuristically hip really makes you look like President McDork of the Dorksville Association of Total Dorks. Really. People are laughing after you pass by. I thought, as a friend, I would tell you.>>> Thank you! I totally agree and I've resisted buying one of those stupid things. I just hand my phone to my kids if someone calls while I'm driving. But you know, resistance is futile... <a href="http://members.aon.at/h-waldl/bush_borg.jpg" target="_blank">http://members.aon.at/h-waldl/...borg.jpg</a>
Originally Posted By SuperDry <<<I'm the last person to offer fashion advice. But people, please. Look in the mirror. What you think makes you appear futuristically hip really makes you look like President McDork of the Dorksville Association of Total Dorks. Really. People are laughing after you pass by. I thought, as a friend, I would tell you.>>> When someone in my office comes in wearing one of those things, we make it a point to address him as "Commander" for the rest of the day.
