Honestly I’m not even sure half of them are speculating. They’re just thinking themselves smarter than the others, that they’ll be able to ride the wave and exit just when the bubble bursts.
And I guess that they’ll probably manage thanks to having their noses glued to the screens and the bagholders will be pension funds and regular people.
You’re probably right, especially for the fattest cats. They will survive and probably prosper as they buy up parts of the economy they don’t already on at a discount.
Honestly I’m not even sure half of them are speculating. They’re just thinking themselves smarter than the others, that they’ll be able to ride the wave and exit just when the bubble bursts.
And I guess that they’ll probably manage thanks to having their noses glued to the screens and the bagholders will be pension funds and regular people.
You’re probably right, especially for the fattest cats. They will survive and probably prosper as they buy up parts of the economy they don’t already on at a discount.