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Why the Global Financial System is About to Collapse

  • Article
  • May 20, 2006
  • #Finance
John Law
@JohnLaw
(Author)
safehaven.com
Read on safehaven.com
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The first rule of investing is that it's never a good idea to buy anything just because everyone else is buying it. When the price of an asset is the result of herd behavior, not fu... Show More

The first rule of investing is that it's never a good idea to buy anything just because everyone else is buying it. When the price of an asset is the result of herd behavior, not fundamental value, it's called a

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Byrne Hobart @ByrneHobart
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  • From diff.substack.com
This essay turned out to be wrong, at least so far, but has many provocative ideas. “Money is the bubble that never pops” is useful in a variety of contexts.
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