You’re preaching to the choir on this stuff. Totally agreed that it is a massive bubble and will collapse at some point.
I’m not sure I made my point clearly - the article (and your comment) explain very well why it is a bubble and that it will/should collapse. I am saying that it doesn’t explain how the collapse will happen ie the circumstances that would change between now and when it does. What I don’t understand is why it isn’t collapsing right now, with investors running for the hills. That kind of analysis was what I had hoped for in the article.
You’re preaching to the choir on this stuff. Totally agreed that it is a massive bubble and will collapse at some point.
I’m not sure I made my point clearly - the article (and your comment) explain very well why it is a bubble and that it will/should collapse. I am saying that it doesn’t explain how the collapse will happen ie the circumstances that would change between now and when it does. What I don’t understand is why it isn’t collapsing right now, with investors running for the hills. That kind of analysis was what I had hoped for in the article.