Nothing Is Bubble-Proof

Nor can you bubble wrap a bubble.

From VariantPerception.com

A bubble’s five stages:

  • Political, economic or technological DISPLACEMENT
  • A BOOM in optimism
  • EUPHORIA as irrational exuberance sets in
  • A DISTRESS event which slows things down
  • PANIC as everyone sees that a crisis is unfolding

I’d say we’re well into DISTRESS and teed up for PANIC.

GOT GOLD?

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