4 ms·
> companies raising billions with zero revenue, s&p returning ~30% last year, bitcoin goes 10x, housing (in my area) up 2x This does not automatically imply th
by goodpoint 5y ago
> companies raising billions with zero revenue, s&p returning ~30% last year, bitcoin goes 10x, housing (in my area) up 2x
This does not automatically imply that there's a bubble. It could be the effect of the increasing inequality, where more and more money are moving towards wealthy companies.
> is the economy is broken?
Absolutely yes.