So we're back up to 2008 stock levels. Everyone agrees now that back then we where all crazy for not seeing the bubble before it happened. We all know now that the credit expansion and easy money was not sustainable and we'd never get into that situation again because it's so obvious, I mean we cann't even figure out how we missed it the first time.
So right now the stock markets back to that level we all know was a bubble in 08, so what's the justification now. I love all the articles about people staying out of stocks and are still afraid. What? Everyone is buying, everyone. That's why the prices are so high. Price goes up because more people are buying then selling. So the last time stocks got this high it was fueled by easy mortgage money now it's easy Fed money, so is that going to be different?
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