Monday, June 20, 2011

Bubbles, Bubbles Everywhere

Now that we've gone through the trauma of a couple of big bubbles in the last 10 years (the dot.com bubble that burst in 2000 and the securitized mortgage bonds of 2008), people are seeing bubbles everywhere.

If you feel you aren't seeing enough, use this picture to help your imagination...


Click to Enlarge


Go read the accompany text in the New York magazine.

Now you are prepared to meet at the company water cooler and breathlessly tell your confreres about the latest "bubble" they should worry about and spend sleepless nights ruminating over. Your sophisticated "insider information" about bubbles will give your social life a boost. Of course, spending all day pondering gloom-and-doom will increase your stress level, but this has the beneficial side-effect of adding cortisol to your bloodstream which will tone your physiology as it sets you up with all the vigor of a "fight or flight" response.

Me? I prefer the Alfred E. Neuman approach to bubbles, crises, doomsday, Armageddon, nuclear winter, the coming Rapture, 2012 phenomenon, etc., i.e. What, me worry?

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