The three giant post-Romney funds, however, would be considered failures if liquidated right now, all succumbing to the same traps too many other firms fell into: The huge sums raised made generating returns difficult and forced them to chase deals at nearly any cost, creating an asset bubble in the process.
The Internet was supposed to change how we communicate, and it did, but in the process it generated a tremendous bubble, followed by the loss of wealth for many.
It has developed a method to extract carbon dioxide from industrial emissions and bubble it through seawater to create calcium carbonate, a process that mimics the buildup of coral.
The US economy is still undergoing a gradual process of de-leveraging from the high debt burdens of the 2000s that exploded when the housing bubble popped.