The Boom Bust Rap Anthem

Brian Hicks

Posted January 27, 2010

This video is too good not share…..

 

The battle rages on.

Hayek is right by the way, speculative bubbles lead to malinvestment—big time.

Just think what we could have done with the trillions spent on McMansions, granite countertops, and hot tubs.

A consumption based bubble is nothing more than a fools errand.

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