#assetbubbles — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #assetbubbles, aggregated by home.social.
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I love old books, especially when they're free online due to expired copyright! First published in 1841, Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds is as relevant today as it was 183 years ago.
It inspired the economist John Maynard Keynes, who argued in The General Theory of Employment (1936) that markets are not always rational, but instead are moved by "animal spirits".
https://www.gutenberg.org/files/24518/24518-h/24518-h.htm
#MassHysteria #AssetBubbles #FinancialCrises #Cults #MAGA #QAnon
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@gallerymjb
The #studentVisa wrought goes against that alone. We don't know what is put on the papers, #Australia has #economicMigrants from many places.There's also #migrantWashing, and the #migrationLaw and #refugeeProducer complex.
What we call for are sensible levels. Bad actors constantly lobby #politicians for more #foreignWorkers to work in industries many of which are unethical but even ethical businesses are undeserved if we instead choose to pump #assetBubbles over nurturing them.