"the technical companies in the bay area seems to be isolated from the hardships of the rest of the economy" There's a financial book called "This Time Is Diff

"the technical companies in the bay area seems to be isolated from the hardships of the rest of the economy" There's a financial book called "This Time Is Different" that outlines the similarities between asset bubbles and financial crises worldwide over the last several centuries. As outlined by the book, be careful whenever you're attempting to justify the current bubbly situation as the new normal, the rules have changed, the old financial laws no longer apply, this is a new paradigm, et cetera. Because "no, this time is not different," as the meme goes.