Aftermath Of A Bubble And What Rises From The Ashes
Bubbles are a funny thing. Participants don’t see them. Outsiders shake their heads – until they themselves get sucked in. Central banks support or create them, but deny their existence. Money piles in on top of money. Risks no longer exist. A technological innovation can serve as the logical foundation for unlimited gains. Yet invariably, it leads to mayhem, capital destruction, and devastating consequences for the industry. And a new beginning for the lucky ones. Take natural gas.
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