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|17th October 2008, 14:29||#46|
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|20th October 2008, 10:59||#47|
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Why always the economic development and so called "economic boom" have to be in a form of a Bubble?
Why can't we have controlled economic boom?
Why can't we have a more balanced and equal growth which is more exhausitive and nor limited to a particular class of people/region?
Why can't real estate builders develop affordable 1-2 room housing for the aam-janta, as against building only luxury villas and 3-4 bedroom apartments and selling at ridiculously high prices?
Why is everyone inetrested in filling their pockets with loads of money and getting rich, with minimum of hard work ?
Why is there so much greed everywhere?
Why it seems we are living in a man-eat-man world?
Last edited by DCEite : 20th October 2008 at 11:05.
|20th October 2008, 14:12||#48|
Join Date: Feb 2008
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ah...we have a communist here!
there is nothign called a "controlled boom" buddy.
what you want is socialism which is nothing but a blue print for an unreal utopia which can never exist unless by brute force (communist regimes for example).
Last edited by CtrlAltDel : 20th October 2008 at 14:13.
|20th October 2008, 14:54||#49|
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Global credit squeeze seems to have started affecting real estate developers now -> Lenders push builders to start selling- Realty Trends-Real Estate-Markets-The Economic Times
Cash-starved realtors resort to costly funds- Realty Trends-Real Estate-Markets-The Economic Times
|20th October 2008, 16:04||#50|
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Economic bubbles are too complex to be discussed here.
Few Greedy people? is not the right answer.
First rule in first chapter of economics "Human wants are unlimited".
So we all always want more, its not simply defined as greed.
To put it in simple words,
The bubbles start when we move ahead of the simple laws of real demand and real supply AND start trading into demand and supply.
There are controls in the market to curb excessive artificial demand or supply. And when these controls fail or are weak the bubble becomes too big and blows.
As far as I understand, bubbles are required to have a healthy flow of money in the economy.
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