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What if it’s only the tech companies that collapse, and the banking sector is fine, thus staving off a global meltdown? This was exactly what happened in 2000.
by Bucephalus355 8y ago
What if it’s only the tech companies that collapse, and the banking sector is fine, thus staving off a global meltdown?
This was exactly what happened in 2000.
The tech companies are worth so much now, we could in theory have a 50% drop but it will be much more “survivable” than the 53% or so crash that was reached by mid-2009 last time.