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This happens periodically. Internet stocks in the late 90s, real estate in 2007. And now we're in an everything bubble. In December 1996, Alan Greenspan (Feder
by paulsutter 5y ago
This happens periodically. Internet stocks in the late 90s, real estate in 2007. And now we're in an everything bubble.
In December 1996, Alan Greenspan (Federal Reserve Chairman) used the phase "irrational exuberance"[2] to describe the market. It was already obviously a bubble. The bubble didn't burst until March 2000.
Some people think this particular bubble will end with the dollar crashing instead of the market.
[1] https://en.wikipedia.org/wiki/Irrational_exuberance https://en.wikipedia.org/wiki/Irrational_exuberance
- girishso 5y ago> Some people think this particular bubble will end with the dollar crashing instead of the market. That's exactly what's on my mind, you have any links to share?