The next bubble - what is it?

[johnfm]

Is the next bubble going to be carbon credits?

Like CDOs and commodities futures, it seems there will be a prolonged buying frenzy, with artificially high pricing via government regulation.

[fido]

Public sector pensions and/or general debasing of currencies (inflation).

[turbobloke]

2011

EU Carbon Credits via Bloomberg -BLUENEXT - BNS EUA 08-12 (phase 2) (PNXCSPT2:IND)

2012
http://www.bloomberg.com/quote/PNXCSPT2:IND

When it comes to fraud and not doing the job intended, carbon markets take a liborious route to failure.

http://www.eurasiareview.com/25062011-carbon-marke...

[muffinmenace]

Social Media

[johnfm]

TurboBloke

DAMN - I was hoping there was a bit of time left to short this sort of guff bubble.

[turbobloke]

Global recession and shale gas took over where the frauds left off, as to the future there may be another politically engineered bubble to come.

muffinmenace said:

Social Media

Very promising.

[bobbylondonuk]

+1 Social media

[Oakey]

johnfm said:

Is the next bubble going to be carbon credits?

Like CDOs and commodities futures, it seems there will be a prolonged buying frenzy, with artificially high pricing via government regulation.

Green is already the next bubble, did you not watch the documentary Wall Street 2?

[jaybirduk]

Facebook

http://www.bbc.co.uk/news/technology-18822971

[turbobloke]

johnfm said:

I was hoping there was a bit of time left to short this sort of guff bubble.

A post from the climate change (politics) thread:

Carbon prices tumble to record low

Prices for UN-backed carbon credits sank to a record low in morning trading on Wednesday after doubts emerged about European Commission plans to prop up the bloc’s ailing emissions trading market.

Benchmark prices for certified emission reduction credits fell as much as 12.9 per cent from the previous day to a record low of €2.86 in early trading – a decline of 31 per cent from the start of July.

http://www.ft.com/cms/s/0/22951a04-d0f8-11e1-8957-...

[Eric Mc]

China property boom.

Western Australia economy.

[baz1985]

Water in the Middle East.

[z4chris99]

prime central London resi
prime Singapore resi
china
social media

[jshell]

I think the next bubble is expensive goods, cars, watches, designer clothes etc...

[z4chris99]

they can't exactly be a bubble (apart from cars) as most are sold new and as such there isnt an expectation based on being able to shift it later on...

[Welshbeef]

I have a fear it may be classic Ferraris - I mean whenever you talk to anyone who has one everyone talks it up hugely that you cannot lose cash or if you buy x model that will be the next 512bb etc etc

I could be very wrong but to me the Tulpis of Holland, the south sea bubble, the dot com boom, the 1980's classic car boom. It all needed new entrants ad the continued belief (selling convincing by current owners that you should get in or your going to miss out its moving very quickly etc).


What are others views?
I love classic cars some of the ones I'd love to own are way beyond what I'd ever spend on a car so in some ways a crash would mean they fall back into realistic price range.

[lost in espace]

PH.

[rohrl]

Wine.

[Digga]

fido said:

Public sector pensions and/or general debasing of currencies (inflation).

Correct, but incomplete. I'd say it is Western (European) state and welfare expenditure as a whole. Unsustainable.

When the bubble pops the populace will be left to fend for themselves in the same manner as most of the rest of the world have been managing for ever.

[johnfm]

Eric Mc said:

China property boom.

Western Australia economy.

Good shout on WA Eric.

I might need to do a bit of digging on my home town to see how much of the boom is leveraged. A lot of the hear in the market is from mining employment. People are getting very well paid to work either on site or fly in-fly out and are buying property with their excess spending power - but I need to explore what sort of credit liquidity is over there. If the massive price inflation is credit fuelled - they're in the mire. If it is earnings fuelled, they're slightly less in the mire if China stops consuming minerals.