‘We have the largest financial bubble ever,’ warns economist
Economist Henrik Zeberg is once again raising the alarm over the possibility of an incoming market crash. In his latest commentary on August 11, Zeberg claimed that global markets are currently experiencing the largest financial bubble in history. Through an X post, the economist noted that while he expects a dramatic crash to follow, he believes the coming weeks could see explosive gains in the cryptocurrency sector before the downturn begins. According to his outlook, the next two to three months could bring intense speculative rallies, beginning with Ethereum (ETH), followed by large-cap altcoins, and eventually meme coins. “We have the largest financial bubble ever. And it will crash. But – we have around 10 weeks of crypto bubble fun. That means extreme rallies in first ETH – then large alts – then memes etc,” he said. At the same time, he cautioned that this surge is not a long-term buying opportunity but a short-lived phase of specula...