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I think the next major recession is going to be triggered by this bubble popping.
by choward 6y ago
I think the next major recession is going to be triggered by this bubble popping.
- missedthecue 6y agoWhy would it cause a recession? Google and Facebook would report lower numbers, literally every other company on earth would save more money.
- specialist 6y agoIDK. It's a risk worth chewing on. eg If Google and Facebook tanked, bringing down the stock indexes and all the institutional investors, triggering a sell off... What would the knockon effects be? I don't know (no clue). The 2008-9 crisis largely happened when CDS stuff popped. Is there a similar house of cards on top of FAANG stocks or the digital ad market or...?
- missedthecue 6y ago2008 was bad because of excessive leverage. Top tech companies have little to no debt and there aren't any leveraged securities to do with ads.