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“Occupy Wall Street”

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The simple fact is that many decades of rising housing prices and government encouragement of debt made everyone sloppy, careless and stupid. That's why bubbles happen.... But right now ---- WHEEE! Go for it!


Nah, that's not why bubbles happen. Bubbles have been happening since the dawn of economics, long before government-driven stuff. They happen because humans tend to be herd animals, and stupid, and greedy when left to their own devices. And a bit too optimistic to boot. Da "WHEE! Go for it!" mentality is an individual one. Democratic governments just follow da sentiments of a majority of their citizens when da greedy herd starts stampeding. It's da nature of democracy.




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