We are in the beginning phase of what might end up being a humongous bubble. Angel investment valuations[prices] are up, IPOs are starting to take off. But it isn't totally crazy yet, and it may never get there.
As Brad DeLong says these days: it isn't a Great Recession anymore, it's a Little Depression. (And could get worse before it gets much better).
As Brad DeLong says these days: it isn't a Great Recession anymore, it's a Little Depression. (And could get worse before it gets much better).