Harpers: The next bubble

An interesting writeup on the world Economy since “The South Sea Bubble” in 1720s. How does the US bubbles come into being: dot-com and housing. And why we are in need of another bubble and what that is: The next bubble: Priming the markets for tomorrow’s big crash.

A little long comparing to a normal newspaper article, but considering the vast information/history it covers, it is surprisingly concise and easy to understand for a non-economist.