Another economic bubble?
I haven't been following economics much lately but I do know that the Dow Jones was around 14,000 when it crashed in 2008. And that 14,000 was the housing bubble. I also remember that gas prices were pushing up towards $5.00 per gallon. Now we're not there yet but it's only February; which is the month in which gas prices are usually at their lowest. So I have to wonder how the Dow Jones is back up to 14,000 again while we are still in a struggling economy. Is it artificially inflated again? Perhaps we are now in a currency bubble. But I'm no expert in these matters. Any thoughts?
Yeah, I don't think we are in a bubble. Never have so few produced so much - that means that while companies are not hiring, they are also not losing money.