> What if you're just too young to remember a business cycle because you weren't an adult or were still in college so were insulated from 2008? This. Whole art

> What if you're just too young to remember a business cycle because you weren't an adult or were still in college so were insulated from 2008? This. Whole article is trying to blame a whole lot of trends which were already very much present in 2008 (and in some cases specifically responsible for 2008) on what happened afterwards when interest rates were lower It's not low interest rates that make people believe that Uber has a route to profitability (higher interest rates might kill off some small-margin businesses reliant on debt funding and reduce valuation of all companies; they won't make people investing sovereign wealth funds in US equities smarter about which companies they allocate their funds to), and higher interest rates certainly aren't going to encourage companies to reinvest their cash piles in R&D or help new market entrants compete away the monopoly power that generates those cash piles