Here comes another bubble?
I’ve had this feeling that things are coming to an end…again.
What is it based on? Well, first of all. I was playing golf this summer when a friend of mine says “You know what, I attended this golf event and the 18th green was surrounded by champagne tents”. Secondly the Swedish magazine Vi Båtägare (Boat magazine) issued an edition this summer that was focused solely on +40 footers.
People are, earning to much money, getting attention for anything that includes the numbers 2 and 0 with a dot in between, every paper out there writes about social networking, NASDAQ has launched the NASDAQ Internet index and The Standard are having a comeback. And at the same time stock markets are falling, interest rates are going up, people talk about depression.
While making up your mind. Watch this splendid video