Mention108135
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| so:text | Stock market bubbles don't grow out of thin air. They have a solid basis in reality — but reality as distorted by a misconception. Under normal conditions misconceptions are self-correcting, and the markets tend toward some kind of equilibrium. Occasionally, a misconception is reinforced by a trend prevailing in reality, and that is when a boom-bust process gets under way. Eventually the gap between reality and its false interpretation becomes unsustainable, and the bubble bursts. (en) |
| so:isPartOf | https://en.wikiquote.org/wiki/George_Soros |
| so:description | BuzzFlash interview (2004) (en) |
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| qkg:Quotation101124 | qkg:hasMention |
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