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Tuesday, 01/31/2023 8:56:50 AM

Tuesday, January 31, 2023 8:56:50 AM

Post# of 37913
Here's How "Prosperity" Ends: Global Bubbles Are Popping
https://www.zerohedge.com/markets/heres-how-prosperity-ends-global-bubbles-are-popping

Excerpts:
The inflation generated by bubbles remains as collateral crashes and credit expansion reverses into contraction. Suddenly, there's fewer greater fools willing to pay bubble prices for assets. The smart money sold long ago, but the not-so-dumb money finally awakens to the potential downside of bubbles popping: rather than reaping huge gains, assets might become illiquid (i.e. there are no buyers at any price) or valuations might fall faster than anyone believed possible in the heady bubblicious decades.

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