South Sea bubbles
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 8, 2021 by Jeremy Grantham · across every show →
Everything said about South Sea bubbles, oldest first
Jul 8, 2021 negative
Grantham: Human optimism bias drives financial bubbles and climate denial
“It's our ability to focus on optimistic thoughts and avoid unpleasant ones. It really is. It's what enables us to have South Sea bubbles, tech bubbles. It's what enables us to ignore the downside of climate change until it bites us”