tag:blogger.com,1999:blog-1527840491496268397.post4290559729112694573..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Tesla at $500 BillionUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1527840491496268397.post-22855524311616009492020-08-31T23:38:44.072-07:002020-08-31T23:38:44.072-07:00I never thought we would ever see a repeat of the ...I never thought we would ever see a repeat of the internet bubble. But not only are we seeing it, but its at trillion dollar levels while the 2000 bubble had companies with meager ( by today's standards) 100 billion market caps. <br />This is internet bubble on steriods. <br />And the bust of this bubble will be devastating to the real economy. Because the real economy is now dwarfed by the market where in 2000 we still had a vibrant economy . Not a moribund, zero money velocity economy. <br />The big question is how fast the down comes. Will it take 18 months or 18 days. In today's high speed trading, an event in days rather than months is a serious possibility. whydibuyhttps://www.blogger.com/profile/10101676402335591169noreply@blogger.com