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Title: October 2009 The Economy Today NEWS Become Exceptional/tutorialoutletdotcom - PowerPoint PPT Presentation
Description: FOR MORE CLASSES VISIT www.tutorialoutlet.com Week 5 Topic: Bursting Bubbles One of the most dangerous phenomena (in an economic sense) is an asset price "bubble." Asset prices are bid up to unreasonable levels based largely on an optimistic view that the rise will continue. The world has seen the effects of stock market bubbles, real-estate bubbles, and commodity bubbles. The problem with asset price bubbles is that when they burst it can be devastating for an economy as we are now experiencing. – PowerPoint PPT presentation
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