I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough… — Paul Krugman Copy Share Image
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive… — Charles P. Kindleberger Copy Share Image
Cruz named Former Texas Senator Phil Gramm as his economic guru. This guy virtually crashed the U.S. economy. Gramm is largely responsible… — Roger Stone Copy Share Image
“Irrational exuberance is the psychological basis of a speculative bubble. I define a speculative bubble as a situation in which news of… — Robert J. Shiller Copy Share Image
If you let interest rates be freed, be set by the free market, they would rise dramatically. There would be a lot… — David Stockman Copy Share Image
