Daily news : US economy bubbles !

Does anyone remember Stock market bubble 2000? Does this was so long time ago, that no one remember? How much money was lost? how many people got burned?

Now we in real estate bubble, which possible worst. But why did it happen? In both situation, there is people made millions of dollars and people lost thousands.

In stock market bubble, there is a clean speculation and when ball start rolling, there was difficulty to stop it and by the way, someone has to be the last.

In real estate market, it is difficult to say, that we got in this mess because it is speculation market. I would say no, if we did not have sub-prime mortgage crisis, we would normally adjust our real estate market with no or little pain to sellers, but not to economy.

Biggest issue with sub-prime mortgage, was not even , that interest rate was low and house prices were sky rocking, which makes this not a big difference from 5 years ago. Back then interest rate was higher but prices were lower. But law which was able to let people with not a appropriate income ability to buy house, which they can not afford.

Why would anyone make this kind of law? Who did it? Who we need to hold responsible? No one can answer up today.

Someone made tons of money, same time there is millions of families loosing they homes.

Law, which let people to buy home with 100 ltv financing, adjustable rate and shaky real estate market, all those factors makes for market crash.

So, next question is, What next? where is next bubble?