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Data to support what? It's well known that common stock gets wiped out in any kind of devaluation.
by hueving 11y ago
Data to support what? It's well known that common stock gets wiped out in any kind of devaluation.
- deelowe 11y agoThe OP is suggesting there is a trend of sorts. My interpretation is that she/he is suggesting there is something akin to a "pump and dump" scheme going on in SV right now. That's a bold accusation. I've not seen evidence of this, but perhaps I'm missing something here. What I have seen evidence of is a slowing economy and a shift towards more conservative investments. It happened in the early 2000s, in 2008, and it seems to be happening now.
- gmarx 11y agoPump and dump implies that it is being done on purpose. I think what we have here is a kind of functional pump and dump. Most or at least many of the participants are sincere but there are some who get paid either way. They are just siphoning off some of the cheap money all the central banks have been printing