venerdì 12 settembre 2008

Il male che non venne per nuocere

Speculazione male del secolo? Sovrainvestimenti cancro delle economie? A Daniel Gross non risulta, lui addirittura è un fan delle "bolle".

"... DG surveys modern bubbles and finds the benefits far more durable than the disruptions: in each case, most investors flopped, but businesses and consumers found themselves with a "usable commercial infrastructure" that they quickly put to new uses. The telegraph "led to the creation of national and international financial markets"; extra railroad lines made national consumer brands possible and gave consumers access to distant stores; extra fiber-optic capacity gave everyone Internet access after the bust..."