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Or the crash may be a slow burn crash. Like bitcoin. Heck after 2.5 years, the price is still 50% higher than it was.
by AznHisoka 7y ago
Or the crash may be a slow burn crash. Like bitcoin. Heck after 2.5 years, the price is still 50% higher than it was.
- 2zcon 7y agoOr we could stagnate for 30 years, like Japan, and be forced to start drawing down before it has a chance to grow. You don't get a Mulligan. The current fetishisation of index funds - which I am entirely complicit in - seems to be based on drawing long-term extrapolations from a relatively short timescale in a relatively narrow market which didn't actually have funds that tracked indices, saw the rise of modern computing, and followed the most destructive wars in the Western world.