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Will the real financial bubble please stand up?


 
As Congress begins to reconcile the different versions of financial stimulus passed by the House and Senate to relieve the devastation of the COVID-19 pandemic, we can only hope that someone brings a rigorous sense of financial reality to the table. There is a lot at stake beyond the immediacy of the devastating effects of the pandemic. Congress may once again be paving the path to the next financial crisis.
Financial collapses typically follow the creation of economic bubbles, so it is useful to understand when bubbles are forming. Most bubbles are characterized by too much credit chasing overvalued assets. Many financial bubbles often masquerade for some time as strong economic growth, shedding their disguises only when it is too late to stop them from bursting. Just like the contestants in the popular 1960’s TV game show “To Tell the Truth,” which climaxed when the real baseball player or plumber was asked to stand up and surprise the audience ....

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Detailed text transcripts for TV channel - DW - 20181122:09:48:00

To help fight anti semitism. and. the huge influx of new immigrants and refugees to germany that began in twenty fifteen has prompted a discussion about muslim anti semitism. this is for lens north korean district forty four percent of the people who live here are either immigrants or descended from that. some critics say no occur and is not safe for jews and claim that multicultural integration has failed here. the authorities say that ninety four percent of all anti semitic crimes are committed by right wingers by contrast researchers at the university of bell effect interviewed a number of german jews about anti-semitic attacks eighty one percent of those surveyed indicated that the alleged perpetrators were muslims. ....

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