What Hardcore Pornography Can Teach Us About Asset Bubbles

``Like porn, asset bubbles are also hard to define, but given our economic history, and especially our recent economic history, we know it when we see it, and now we see it everywhere. There is a good reason why this ["The Everything Bubble"] was one of the most emailed stories in the New York Times recently. We all see it. Apparently the only people that don't see the bubbles are the people creating them.''