Greed and avarice blind the masses to the overvaluation until rationality unpredictably takes hold and the bubble collapses.

FORBES: The Carbon Bubble

It only put the house bubble on hold and prepared (by way of ridiculously low interest rates) the great inflation of 2003 to 2005.

FORBES: Silly Top Signs

Now with money easy, a bubble mentality took hold.

FORBES: Magazine Article

Buy and Hold died with the Tech Stock Bubble bursting in March 2000.

FORBES: Buy and Trade Beats Buy and Hold

That error caused the Fed to hold interest rates too low for too long, blowing more air into the bubble and imposing enormous negative consequences on the economy.

FORBES: Doubting The Big Lie That Inflation Is Not A Threat

But now a speculative real estate bubble is popping, creating a fresh headache for the country's new rich as they scramble to hold on to wealth.

WSJ: Vietnamese Investors Sink Savings Into Golf Memberships