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Possibly a good analogy to a Ponzi scheme. Bubbles and Ponzi schemes have a lot in common, including their ultimate collapse. It's just a matter of when. You may be right that the supply of eager money is still quite deep and the the party will rage on before the dawn and the hang-over.
Jan 11 14:50 pm
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All Comments by QVM Group »Is the China Craze a Tech Bubble 2.0? [View article]