So basically yes we have a bubble but we can afford bubbles !! As long as we can afford them then they are not bubbles, lol If we have increased unemployment or ease housing shortage (big lie anyway) and prices drop then they will say it was a bubble.!
So bubble is ony a retrospective term. OK.
Probably wise to talk it down, doom talk can be self fulfilling. A slowdown would be healthier way to correct rather than a crash. So I would get annoyed if they came out screaming BUBBLE BUBBLE BUBBLE lol. Though maybe they should just shut up all together.
