4 ms·
Crypto is sort of in it's own category because it's mostly traded by speculators, but housing feels like a bubble. Companies like Amazon Facebook and Google act
by ykevinator2 5y ago
Crypto is sort of in it's own category because it's mostly traded by speculators, but housing feels like a bubble. Companies like Amazon Facebook and Google actually make a ton of profit and I think have led the stock market. I also think vc lending money to zero profit companies is not new. Low or no profit companies like the two boxes and Twitter also seems to be sustaining on new debt. On average it feels like we are holding steady but no worse for the pandemic. So not a new bubble in my opinion.