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3. Demographic shifts. For example the classic nobody is going to buy cars because we'll all live in luxury city apartments and uber. As if the FIRE sector wi
by VLM 11y ago
3. Demographic shifts. For example the classic nobody is going to buy cars because we'll all live in luxury city apartments and uber. As if the FIRE sector will simply give up on car loan revenue, those dollars will have to come from somewhere. Or if you laugh at the boosterism people for saying the same things since 1970 and it all fails, then who eats the losses on those luxury apartments and gig economy taxi startups? Either way its going to be very exciting.