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Liberty Global plc Message Board

  • roadoffire roadoffire Jul 13, 2007 6:50 AM Flag

    The First Truly Global Bubble

    "The necessary conditions for a bubble to form are quite simple and number only two," investor Jeremy Grantham noted in a recent newsletter headlined "The First Truly Global Bubble." "First, the fundamental economic conditions must look at least excellent - and near perfect is better. Second, liquidity must be generous in quantity and price: It must be easy and cheap to leverage."

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