"It's not a matter of could it happen again; it's a matter of when," says Kenneth Rogoff, an economics professor at Harvard University and co-author of a new book on bubbles called "This Time Is Different: Eight Centuries of Financial Folly." Today, though, amid the wreckage of the last bubble, the ingredients for the next are still with us. The price of gold spiking to its highest level ever - $1,060 an ounce on Thursday - is one warning sign, as is the 67 percent surge since March in the Nasdaq Stock Market index.
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