What we define as a bubble is any kind of DEBT-fueled asset inflation where the cash flow generated by the asset itself - a rental PROPERTY, office building, condo - does not cover the debt incurred to BUY the asset. So you DEPEND on a greater fool, if you will, to come in and buy at a higher PRICE.

Author - James Chanos


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Posted on 21 Mar 2025, this text provides information on Depend related to James Chanos. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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