We did not need to wait until the Dow Jones Industrial Average hit 10,000. It has been clear for some time that global equity markets are bubbling again. On the surface, this looks like 2003 and 2004 when the previous housing, credit, commodity and equity bubbles started to inflate, helped by low nominal interest rates and a lack of inflation. There is one big difference, though. This bubble will burst sooner.
我们不必等到道指触及一万点。一段时间以来，manbetx app苹果 股市正再次出现泡沫已经显而易见。从表面上看，这与2003年至2004年的情况相似：上一轮房地产、信贷、大宗商品和股市泡沫就是在那时开始膨胀，主要受低名义利率和低通胀的推动。不过，这两次存在一个重大的区别。这次的泡沫将破裂得更快。
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