The Great Debate

When the stock bubble burst, did it take the rest of China with it?

August 11, 2015
An investor looks at an electric board showing stock information at a brokerage house in Haikou

An investor looks at an electric board showing stock information at a brokerage house in Haikou, Hainan province, China, August 11, 2015. REUTERS/Stringer

How home prices helped kill the first tech boom

September 13, 2011
By Ryan Avent
The opinions expressed are his own. 

The late 1990s was a wild time in Silicon Valley. The NASDAQ was soaring, and seemingly anyone could start a company, stick a .com at the end of its name, put together an IPO and retire a millionaire. The great boom ultimately took on a speculative character that led to wasted investments and the collapse of many poorly-grounded operations. But it was rooted in a surge of not-unrealistic optimism about the potential of the internet to change the world of business.

The post-bubble world: what’s next?

October 6, 2010

The American Enterprise Institute is hosting a panel with Nouriel Roubini and Reuters contributor Chris Whalen on “living in the post-bubble world: what’s next?” It is being livestreamed today from 2pm – 4pm ET. You can watch the video of it here:

Betting on tail risk seriously endangers your wealth

August 23, 2010

Investment strategies designed to benefit from tail risks are fast becoming the next bubble. Investors are paying over the odds to reap benefits from remote catastrophic risks and are ignoring more moderate but much more likely outcomes that will cost them a great deal in the interim.

Cheap credit cannot restore broken illusions

August 13, 2010

Hans Christian Andersen’s fairy tale about the “The Emperor’s New Clothes” is a good explanation for the spectacular expansion and implosion of the bubble economy in the 2000s.

from The Great Debate UK:

Is a bubble burbling in financial markets?

November 4, 2009

JaneFoley.JPG-Jane Foley is research director at The opinions expressed are her own.-

China must avoid a Japanese-style bubble

By Wei Gu
November 4, 2009

WeiGucrop.jpg — Wei Gu is a Reuters columnist. The opinions expressed are her own —

Everyone agrees that China’s economy must be rebalanced, but few have bothered to delve into the costs. Japan’s experience has shown that even well-meant changes could sow the seeds for a bubble.