4 ms·
No asset valuation bubble driven by years of cheap money and privately held closed books, folks! This time it's different... If you've lived in the area or ind
by aaroninsf 9y ago
No asset valuation bubble driven by years of cheap money and privately held closed books, folks! This time it's different...
If you've lived in the area or industry more than 10 years, you know how this story ends, especially regionally where real estate commercial and otherwise is in a cojoined overvaluation.
EDIT: next in my browse list, today...
https://techcrunch.com/2017/10/18/blue-apron-is-laying-off-6-of-its-staff/ https://techcrunch.com/2017/10/18/blue-apron-is-laying-off-6...
https://www.theatlantic.com/technology/archive/2017/10/stockton_ubi_basic_income/543036/ https://www.theatlantic.com/technology/archive/2017/10/stock...
etc...
When tech crashes, the soft recovery is going to a lot uglier to a lot more people...