Peter Thiel's four theories on the bubble and bust economy

http://bit.ly/kqZ2yU - Peter Thiel articulates the divergent perspectives on what brought the U.S. economy to the brink.

Category:

News & Politics

Tags:

• big
• bubble
• crisis
• economy
• peter
• thiel
• think

[sunnystephana]

He makes a lot of sense. I wish politicians would listen to him more.

[takethepowerback83]

The political systems have indeed been only aggravating every situation, as if they intentionally goof up every cycle in the history of our economy to pocket a coin or two.. and just maybe much more than that. So when educated people talk of the US economy and what it will be in net worth, what they are essentially spelling out is *What the youth of Today inevitably will inherit, and Who they are indentured to fast, tighten and plan for Tomorrow*.

"A nation of sheep begets a gov't of wolves." m

[takethepowerback83]

"During these economic bubbles It was like shouting in to a hurricane, nobody was willing to listen" . The past generation ( adults now in their 50's , 60's ) have proven to be narcissistic and selfish , as the past decades have shown us evidence, they are a mob without protocol for the future or it's eventual status quo. For any of you who studied Latin, Ipso facto, aka as night follows day, the populace of our age ( adults 20's , 30's )will be left only to mitigate their losses and fantasies.

[pobaldy66]

@pobaldy66 they get their policy ideas...

[pobaldy66]

@RVAepiphanyseeker 68 was the great society, and the government and taxpayers taking on too large a role in prosperity, in which it was doomed to fail. leadership from the gov't will quite naturally inhibit innovation (ultimately education and science) and personal responsibility, as the get their policy ideas from the special interest groups that seek to maintain yesterday.

[goofygoat2009]

@joebstarsurfer just becasue he was born in germany DOES NOT make him a nazi. grow the hell up

[goofygoat2009]

acidentally hit the dislike button..meant to hit the like button!

[RVAepiphanyseeker]

I feel like we just got the introduction to a longer thought. He basically says the Tech and housing bubble were a result of the rest of the economy not growing so there was nothing backing up the growth in tech and housing. So in 1968 the world looked like we would be on the moon and going to mars and have 4 day work weeks with French vacations ... but instead ... "everything went the other way" (down). So ... WHY? - seemed like he thought he knew the answer but wanted the audience to say.

[peymaania]

@martydrooo Minor correction, some of his Arab investors would invite him to

endless sessions of buggery in Dubai.

[isaiah190]

If pot was legelized we can all be hippies! and the US would be a better place:)