“The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behaviour, I believe this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.”
“自2009年以来的长期牛市终于生成了一个发育完全的史诗级泡沫,特点是极度高估、价格暴涨、疯狂发行和狂热投机行为,我相信这将被记录为金融史上最大的泡沫之一,与南海泡沫(South Sea Bubble)以及1929年和2000年的泡沫并驾齐驱。”
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