Bubbles also fund businesses that never should exist. I call them Time Bombs because they tick away investor money waiting to explode when the bubble crashes. Sometimes Time Bombs are marketing shell games intended to deceive investors. Sometime they are very honest, but confused efforts to build a company that has not real product or market or business logic.
An example from China that someone told me was a company that was getting tremendous amount of money from private equity firms for selling - DANDELIONS - which apparently are readily available at every road side.
Any other great examples of Time Bombs?!