First there was a tech bubble…
March 24th, 2011
…then there was a housing bubble…
…and, viagra sale pilule with the current Federal deficit running at around $1.5 TRILLION, I think it’s pretty safe to assume we’re in the middle of a government bubble.
Entry Filed under: Observations
3 Comments Add your own
1. Nick | March 24th, 2011 at 11:00 am
Its possible the next bubble (related to the “government bubble”) is the Public Pension bubble.
2. John Foust | March 24th, 2011 at 11:15 am
Let’s find another war so we can spend our way out of this.
3. grumps | March 24th, 2011 at 2:01 pm
Big numbers can be scary but the deficit is only about a third of what it was 75 years ago if you look at it as a percentage of GDP.
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