>>>NASDAQ brushed 5K today.
>>>It was almost a 15 year schlepp, but it finally recovered the dot com losses.
>>>Another tech bubble?
>>
>>IMO more due to money being cheap
>
>That's the whole idea of cheap money, isn't it?
>I read this weekend that some banks in Denmark are actually paying people to buy houses by charging a negative interest rate on mortgages and other banks there are charging people for putting money into bank accounts by paying negative interest.
>Turns everything upside down, doesn't it?
>I visited Long Island last week, and houses there are now selling above pre-crash prices.
>Some condos in Manhattan are selling for over $20million and there is not enough supply of them.
>That sounds like a bubble to me.

not necessarily. Imagine most states realizing they cannot pay back their debt, freezing all accounts, declaring current cash invalid, issuing new currency and declaring an exchange rate of 1:10. wages and prices of necessities declared by fiat order to be approx eqal in % allowing 90% of population to go on - having bought codos at your buble price will look like a bargin.

Most people do not remember forced loans / special charges put on property owners to "share the burden", so those condo owners might be in for a surprize