La maldición de los rascacielos Quotes

“(...) The people most involved in the bubble are confident, jubilant, and self-assured by their apparently successful decision making. When the bubble bursts they lose confidence, go into despair and lose confidence in their decision making. In fact, they lose confidence in the “system,” which means they lose confidence in capitalism and become susceptible to new political “reforms” that offer structure and security in exchange for some of their autonomy and freedoms,

In this manner, great nations of people have given away their liberties in exchange for security...”
― Mark Thornton, La maldición de los rascacielos

“The application to the stock market is that the market will stop rising as soon as the Federal Reserve becomes sufficiently alarmed about the inflationary flooding of the economy as a whole that emanates from the stock market bathtub so to speak. When the Federal Reserve is finally moved to turn off the water—the new and additional money—flowing into the stock market, its rise will be at an end. Indeed, not only will the stock market stop rising, it will necessarily suffer a sharp fall.

The inescapable implication is that sooner or later, the stock-market boom must end. The bubble must break.”
― Mark Thornton, La maldición de los rascacielos