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> Nothing happening today is remotely as scary as what we saw in 2008 As what's happening "today" is basically a postponed and amplified version of what should
by hanoz 4y ago
> Nothing happening today is remotely as scary as what we saw in 2008
As what's happening "today" is basically a postponed and amplified version of what should have happened in 2008, I have to disagree.
- mediumiqsad 4y ago
- dragontamer 4y agoUnemployment numbers at extreme lows as the Baby Boomers retire and millions of Americans are either dead or sick/disabled with Long-COVID19, hampering our economy with a lack of workers? I don't think today's economy is anything like the frothy housing bubble was in 2007/2008 timeframe. I think there's a possibility of a tech bubble akin to 2001, but that actually wasn't very disruptive for our economy. I see today more similar to 2001, aside from the weird supply chain issues due to a greatly diminished workforce (the Baby Boomer's retirement is the biggest challenge for this year IMO). (Of course, people have been calling a bubble in tech for decades now, but _eventually_ that damn tech bubble will pop again, lol)