Jose D. Roncal And Jose N. Abbo

Co-authors Jose D. Roncal and Jose N. Abbo share some 50 years of senior executive experience in international business, finance and economics. Both have authored numerous articles on business strategy, finance, accounting, capital markets and the global economy. For more on the authors and their book, The Big Gamble: Are You Investing or Speculating?, visit: Financial Speculation.

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It’s difficult to predict what the next bubble will be, or when it will develop But there are “early warning signs,” that, like the tiny crocus flowers that push through snow cover in early spring, point to changes ahead

Anyone following the financial news has likely heard opinions right and left about what’s behind the current crisis In addition to the usual suspects—Wall Street greed, lack of oversight, and predatory lending—you’ve doubtless seen fingers pointed at other culprits, such as short selling and hedge funds

Lost in all of the media frenzy surrounding Wall Street, the “meltdown” and the sub-prime lending debacle are certain lessons from history that can offer some useful perspective — and even have a calming effect Economic “bubbles” are nothing new, and contrary to what the media might have you think, they don’t signal the end of Western Civilization, either

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