2 ms·
> what if the tech bubble of the 90s is allowed to collapse It collapsed in the dot.com crash (remember pets.com). > I am convinced the USA is in the place it
by jjav 5y ago
> what if the tech bubble of the 90s is allowed to collapse
It collapsed in the dot.com crash (remember pets.com).
> I am convinced the USA is in the place it is because since about 99, no rich person has been allowed to fail or lose money, not really.
Well, I was a tech bubble paper millionaire in '99, and had nothing by 2002. It all evaporated.
Then the smaller bubble of the 2000s crashed in 2008.
The huge bubble of the 2010s.. hasn't crashed. I sure can't predict when, but cycles suggest it'll crash at some point.