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comment by kleinbl00
kleinbl00  ·  1668 days ago  ·  link  ·    ·  parent  ·  post: The 0.1% are already adjusting their portfolios against recession

I've been in CDs for like 18 months. Some wag said the most surprising thing about bubbles is even when they're called they inflate for far longer than anyone really believes they can.





uhsguy  ·  1668 days ago  ·  link  ·  

That’s was true in 2001 and 2008 so yeah. You can often see a couple years of crazy bubble blowing at the very end that makes you question your sanity. That’s also why you have trouble finding a time to get back in because once again you question your sanity and can’t figure out what’s real. For example 2010 the economy had started bouncing back but nothing had fundamentally changed in the real enconomy it really threw me for a loop.