Tech bubble, Housing mortgage bubble

The Global Warming Bubble

By Steve Milloy —— Bio and Archives--March 21, 2008

Global Warming-Energy-Environment | Comments | Back To Full Article

You didn’t have to be a rocket scientist in the 1990s to figure that speculative investment in dot-coms with no revenues would be disastrous. The same goes for lenders giving mortgages to borrowers with no job, no income and no assets. So after surviving the tech bubble and while trying to extricate the economy from the housing bubble, why are we bent on heading into the global warming bubble?

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