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https://en.wikipedia.org/wiki/Dot-com_bubble https://en.wikipedia.org/wiki/Dot-com_bubble > Low interest rates in 1998–99 facilitated an increase in start-up c

https://en.wikipedia.org/wiki/Dot-com_bubble https://en.wikipedia.org/wiki/Dot-com_bubble > Low interest rates in 1998–99 facilitated an increase in start-up companies > In 2000, the dot-com bubble burst, and many dot-com startups went out of business after burning through their venture capital and failing to become profitable. Sound familiar? It should, because history rhymes.

Jenk 4y ago
What is utterly absurd is not the claim that capitalism has boom or bust, but that IAC is in any way related.
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bogomipz 4y ago
How exactly does a Wikipedia entry for the 1999 dot com crash support your assertion that that a market crash is imminent? How is that any different than make posting a Wikipedia link for World War II as supporting evidence that World War 3 is imminent? At any rate it does not sound familiar. Nor does it look familiar. The world in 2022 looks very different compared to the world at the end of the last century. People have seemingly predicted 20 of the last 1 tech bubbles. The "Dot Com Bust 2.0" headline is practically a meme at this point. I feel like it's something lazy journalists do on slow news days. Here's a brief sampling from the last 8 years. From 2014 - "In Some Ways, It’s Looking Like 1999 in the Stock Market"[1] From 2016 - "This Tech Bubble Is Bursting"[2] From 2018 - "Silicon Valley tech bubble is larger than it was in 2000, and the end is coming" [3] From 2020 - "6 Reasons This Tech Bubble Is Bursting"[4] Ad infinitum. [1] https://www.nytimes.com/2014/03/30/business/in-some-ways-its-looking-like-1999-in-the-stock-market.html https://www.nytimes.com/2014/03/30/business/in-some-ways-its... [2] https://www.wsj.com/articles/this-tech-bubble-is-bursting-1462161662 https://www.wsj.com/articles/this-tech-bubble-is-bursting-14... [3] https://www.cnbc.com/2018/05/22/tech-bubble-is-larger-than-in-2000-and-the-end-is-coming.html https://www.cnbc.com/2018/05/22/tech-bubble-is-larger-than-i... [4] https://www.fool.com/investing/2020/09/10/6-reasons-this-tech-bubble-is-bursting/ https://www.fool.com/investing/2020/09/10/6-reasons-this-tec...

Jenk 4y ago

What is utterly absurd is not the claim that capitalism has boom or bust, but that IAC is in any way related.

deleted 4y ago
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bogomipz 4y ago

How exactly does a Wikipedia entry for the 1999 dot com crash support your assertion that that a market crash is imminent? How is that any different than make posting a Wikipedia link for World War II as supporting evidence that World War 3 is imminent? At any rate it does not sound familiar. Nor does it look familiar. The world in 2022 looks very different compared to the world at the end of the last century. People have seemingly predicted 20 of the last 1 tech bubbles. The "Dot Com Bust 2.0" headline is practically a meme at this point. I feel like it's something lazy journalists do on slow news days. Here's a brief sampling from the last 8 years. From 2014 - "In Some Ways, It’s Looking Like 1999 in the Stock Market"[1] From 2016 - "This Tech Bubble Is Bursting"[2] From 2018 - "Silicon Valley tech bubble is larger than it was in 2000, and the end is coming" [3] From 2020 - "6 Reasons This Tech Bubble Is Bursting"[4] Ad infinitum. [1] https://www.nytimes.com/2014/03/30/business/in-some-ways-its-looking-like-1999-in-the-stock-market.html https://www.nytimes.com/2014/03/30/business/in-some-ways-its... [2] https://www.wsj.com/articles/this-tech-bubble-is-bursting-1462161662 https://www.wsj.com/articles/this-tech-bubble-is-bursting-14... [3] https://www.cnbc.com/2018/05/22/tech-bubble-is-larger-than-in-2000-and-the-end-is-coming.html https://www.cnbc.com/2018/05/22/tech-bubble-is-larger-than-i... [4] https://www.fool.com/investing/2020/09/10/6-reasons-this-tech-bubble-is-bursting/ https://www.fool.com/investing/2020/09/10/6-reasons-this-tec...