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Source: Rhonda Garrison, SOUTHERN FARM NETWORK, 11/7/16
Mary: This is Mary Walden with economist MW welcoming you to the economic perspective. Today’s program asks if economic bubbles are developing. Mike, economists argue recessions are often preceded by an investment bubble developing somewhere in the economy. The housing bubble of the mid 2000s decade and the tech bubble of the late 1990s are given as examples. Some worry about new investment bubbles occurring today. For more of this story, click here.
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