# Why didn't we see through dot coms, SUVs and subprime lending?

1. Jul 5, 2008

### Loren Booda

What is next to watch out for in the world of dubious investments? It's usually a deal, "easy money," or consumerism too good to be true that the public flocks to. How can one gain insight to avoid getting caught up in these speculations?

2. Jul 5, 2008

### lisab

Staff Emeritus
It's easy: tell your reptile brain to shut up.

Oh, and if you can figure out how to do that, let me know .

Seriously though, I can't muster sympathy for otherwise intelligent people who get caught up in get rich quick schemes. I work hard and play by the rules - it's a slow journey to success.

3. Jul 5, 2008

### rootX

Last edited: Jul 5, 2008
4. Jul 5, 2008

### waht

"after us the deluge"

5. Jul 6, 2008

### Ivan Seeking

Staff Emeritus
Of those who are paying attention to the world around them, who didn't?

As for oil: It is my peception that speculation is to a large extent driving the current oil prices, but the difference between this bubble and others is that the speculation is based in reality. There is a limited supply of oil with an even increasing demand. Most of the cheap oil is gone. The bubble will burst, but it will be back.

7. Jul 6, 2008

### rewebster

Why didn't we see through dot coms, SUVs and subprime lending?

"Honey, I gained 15 pounds this last year---why didn't you tell me to stop eating so much?"