4 ms·
people have been saying this for 2 decades. I'll believe it when I see it.
by jejeyyy77 4y ago
people have been saying this for 2 decades. I'll believe it when I see it.
- wollsmoth 4y agorates haven't been rising for two decades.
- jejeyyy77 4y agothere's been a new reason for why "this time is different" for the past 2 decades.
- wollsmoth 4y agoI mean a number of tech companies are declining in value. What would you need to see happen to consider them "in trouble"? More layoffs?
- Apocryphon 4y agoThe boom of the past two decades was fueled by low interest rates!
- jejeyyy77 4y agoand before that it was the other thing. As I said, I'll believe it when I see it ;)
- Apocryphon 4y agoYou're about to. https://news.ycombinator.com/item?id=32928803 https://news.ycombinator.com/item?id=32928803
- jejeyyy77 4y ago
- newaccount2021 4y ago
- tempsy 4y agoYou haven’t noticed a bunch of multi bil tech cos down 90% in less than a year? Carvana is the poster child of zombie tech co that only made sense in a zero rate environment. Many others like it.
- walthamstow 4y agoI see your Carvana and raise you a Klarna
- jszymborski 4y agoI must be pretty out of the loop because these sound like new Pokemon names.
- jollyllama 4y agoWell, there was at least one significant downturn during that time. Raising rates are causing problems. This isn't an apocalyptic prediction.
- karmasimida 4y agoWell you can always test the market, it won't hurt anyway.