The NASDAQ plunged from over 5000 in March 2000 to about 1100 in two years. That was a bubble. People getting laid off is not a bubble, if so, then we will keep

The NASDAQ plunged from over 5000 in March 2000 to about 1100 in two years. That was a bubble. People getting laid off is not a bubble, if so, then we will keep having these 'bubbles' every year making the whole term meaningless. The very fact that 20 people jump in and warn us at the slightest hint (like this) that this is a bubble tells me that we are not in a bubble. Even if people get laid off they will find work else where. Funny thing is that this article talks about laid off tech workers finding work in Finance, which as we speak is getting decimated.