Boom…
Are we in schedule for a boom? The US markets seems to be doing well… the Philippine stock market seems to be perking… dollar to peso is going down… its 2005… like 1995 again eh?
I hope so… the great igniter last decade was the internet and the network… but it boomed out because the technology was not yet capable of doing what they required of it… 3G was over hyped and failed to deliver…
Now… the great initiator is cheaper broadband, Wi-Max/Wi-Fi and maybe VoIP to a lesser extent… and of course… the iPOD… it just needs one killer product to influence money to flow… why is it that communication seems to be the driving force in change? It was the radio… then the tv… anything that makes us get things done faster…
Of course with a boom, everything will be over hyped and over priced… then it all crashes by 2009 and market readjusts… the winners are those with cash left behind… who will gobble up the bargains after the crash… then it will just be survivor mode till the cycle repeats itself and the boom begins again… its a vicious cycle that’s a reality that cannot be eluded…
As usual… I will end this by saying… I love the age we are living in now… and look forward to the future… just be sure to watch for tell tale signs of the market crashing and the sky falling… mark your calendar… for 2009! or 2007… market crashed in 1987… hehehe
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[…] This is definitely the boom I was talking about… give it a two more years… then let’s see if the bubble will burst or not… […]