What is Bubble Economy? I thought, the "bubble" word is only used for bathing purposes. But lo, it is also an Economist vocabulary. Also, there is the word Bubblequake and Aftershock. It just sounds like an Earthquake per se. So why I am talking gibberish, well, I will just promote the two books of controversy lately by the billionaires in the USA and how it causes havoc in the stocks exchange. The name, Warren Buffet comes up, so I am interested, who wouldn't right? It will be good to feel like your rubbing elbows with the billionaires.
In 2006, Robert Wiedemer, David Wiedemer, PhD and Cindy Spitzer; a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy. Which I posted below.
Because of the accuracy of the prediction of the economy in their book, it establishes Wiedemer as a trusted voice. Recently, they also published another book entitled Aftershock. Also shown below.
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