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The bubble is back. Look at the housing market and the valuations of do-nothing bullshit companies. People don't learn.
by PostThisTooFast 5y ago
The bubble is back. Look at the housing market and the valuations of do-nothing bullshit companies.
People don't learn.
- ahelwer 5y agoIn my experience everyone knows it is all a bubble. Nobody knows what to do about it, though. So they just continue living.
- ajmurmann 5y agoEspecially with the fear of inflation, you are 100% correct. I think this bubble has been created by interests being too low for too long. Keeping your money in the bank is barely better than putting it under the matters. So where does it go? Stock market, real estate and crypto. What else could anyone do? It seems like more and more people are becoming angel investors too, but that's not any better and certainly not an option for most people
- francisofascii 5y agoRight. This bubble seems to have elements of both the dot-com crash (overvalued tech) and the financial crisis (overvalued housing).
- DaniloDias 5y ago80 year cycle won’t last much longer.