Quote:
Originally Posted by rahl
The dot com buble burst wasn't a result of a deregulated economy. No govn't intervention would have saved it, there just wasn't time. Clinton couldn't have changed anything about it. Bush on the other hand had 7 years of consistant deregulation before the economy fell apart.
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There was a bubble in technology stocks and there was a bubble in real estate, there have been other bubbles in our history and in other economies. It happens. It will happen again.
As we go through this, the seeds of the next bubble is forming. Perhaps it will be in "green" industries or perhaps carbon off-sets, who would you hold responsible for the next bubble bursting? Wouldn't it be cool if we just happened to have a Republican in charge?
