Description: World markets are frothing like shaken Champagne, and doomsayers argue that today’s bubbles need to be deflated now before they get dangerously large.

Source: Businessweek.com

Date: 04/14/2011

Link: http://www.businessweek.com/magazine/content/11_17/b4225058281366.htm

Question for discussion:

• What does this report have to say about the formation of financial bubbles?
• How does Didier Sornette’s model relate to recent events?