I'm not so sure that nobody was calling it a bubble. I sure felt it was, but didn't have a lot of money in the stock market then, so I wasn't personally concern

I'm not so sure that nobody was calling it a bubble. I sure felt it was, but didn't have a lot of money in the stock market then, so I wasn't personally concerned. I just billed my skills out at crazy rates and loved every minute of it. For example, people knew there was a real estate bubble and were trying to flip houses to make as much as they could before it popped. My mom has a neighbor that didn't plan on being her neighbor, but he bought right before the real estate crash and couldn't sell in time. It's a mix of exuberance, ignorance and hubris that seems to lead to this sort of fall. But what if this is a "bubble" Who will get hurt when it pops, especially if it pops before major IPOs happen. Lots of private investors will lose out, but will the general public get hurt?