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Some additional context, hidden six paragraphs down to enable the clickbait: >I call it the "forever fallacy." It's really quite simple. The forever fallacy is
by Dalewyn 3y ago
Some additional context, hidden six paragraphs down to enable the clickbait:
>I call it the "forever fallacy." It's really quite simple. The forever fallacy is the belief that the circumstances that led to extraordinary growth will continue indefinitely, even when they obviously aren't. It's the idea that growth, no matter how irrational, will continue because the change in circumstances that caused it is permanent.
- hackernewds 3y agocall it the pandemic + massive money printing example. a lot of companies have their reckoning coming