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View Diary: Dot-Com Bubble 2.0; Next Stop Crazytown (17 comments)

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  •  Not so much this time (6+ / 0-)

    Main Street has mostly sat this one out. They've been cashing in their 401k's to pay for their kid's college expenses and such.
       The people buying are on Wall Street. They are borrowing cash from the Fed and hedge funds at near zero interest rate and then buying stocks on margin.
      You know, like insane people do!

    None are so hopelessly enslaved, as those who falsely believe they are free. The truth has been kept from the depth of their minds by masters who rule them with lies. -Johann von Goethe

    by gjohnsit on Wed Mar 12, 2014 at 08:13:29 AM PDT

    [ Parent ]

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