>If the Bubble is bursting, the real effects are going to show up
>elsewhere, in the credit system of which the Bubble is merely a, as it
>were, Zizekian symptom. I'd expect a massive run on the US dollar,
>followed by an implosion in the US credit infrastructure, as the 300
>billion EUR annual inflow of foreign capital fueling the economy slows to
>a halt, followed by a nasty structural-adjustment-style recession.
Yeah, but remember 1987....hysteria followed by George Bush.
Doug