Are financial bubbles bad?

Many discussions surrounding financial bubbles conclude with suggesting that financial bubbles are a bad thing. However, here is one blog post that considers otherwise.

I tend to agree with the thoughts. A bubble per se is not bad – many investors lose money in the aftermath of a bubble, but bubbles also shake the established players and bring in new heroes. Without the bubbles, one would not have seen some of the major players of today.

#RidingTheRollerCoaster – 215

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