Exporting the Bubble?

Are our artificially low interest rates fueling bubbles elsewhere?

I don’t know, perhaps we should ask the:

  • Hong Kong real estate developer who is leasing his finished space at $9000 USD per square foot
  • Australian mining exec, whose company’s market cap just shot up by 200% from a Monday to a Wednesday
  • Arabian sheik who has grown weary of having things dipped in platinum
  • Brazilian sugar cane producer, who has run out of space for cash in his vault
  • Commodities trader in London who is left with the classic dilemma of Aston Martin or Rolls Royce
  • Gold mine operator in Mexico who now feels obligated by outrageous fortune to double his offerings to the church collection plate
  • Shanghai investment banker who is running out of companies to take public
  • Russian art-collecting oligarch who is considering a purchase of the Sistine Chapel’s ceiling, just because he can

Maybe one of them can tell us if our free money is creating any bubbles elsewhere.