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|User Info||And The Legalized Accounting Frauds Continue; entered at 2012-05-04 20:49:58|
Registered: 2007-06-26 Pa.
I'm living in Pittsburgh now, home of a huge health care and higher ed bubble. No one here realizes how effn bad it is south of the mason-dixon line or in other places devastated by the housing bubble because the housing bubble never happened here. Bubblemania is alive and well here and those employed in the bubble sectors are clueless their world could end at any moment.|
The level of denial is interesting to me and I suspect it's just as high in other cities in the northeast.
From what I can tell, there are 4 active bubbles going on right now: health care/health insurance, higher ed, federal government jobs/spending, and the stock market. When these pop, what can they bubblize next? Besides ammo that is.