Yes, you could well be right. And there may be ones that are both—e.g. no doubt external shocks sometimes make a bubble burst; or maybe 9/11 accelerated the collapse of an already bursting bubble. Unfortunately, not being an economist, I’m not qualified to do a more sophisticated analysis!
Yes, you could well be right. And there may be ones that are both—e.g. no doubt external shocks sometimes make a bubble burst; or maybe 9/11 accelerated the collapse of an already bursting bubble. Unfortunately, not being an economist, I’m not qualified to do a more sophisticated analysis!