So the real problem with calling it a bubble is that countries can't stop investing in it. It definitely has bubble like qualities, but we have hit a point where we can't stop investing in it. It's more an arms race then a bubble.
Honestly I've never agreed with him until he left fox news. I'm sort of wondering if he had to tow the company line before and now he doesnt. He was definitely part of the problem and should not be pardoned for it, but he has not been throwing the fox rhetoric for a while now.
They weren't the brightest of the bunch though.