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A bubble burst or similar doesn't have to crash the whole economy. It definitely can, especially when it's stuff like financial or real estate. A tech bubble bu
by ruune 2y ago
A bubble burst or similar doesn't have to crash the whole economy. It definitely can, especially when it's stuff like financial or real estate. A tech bubble burst would devalue many of the highest valued stocks but doesn't have to take the entire USD down with it.
That being said, I haven't studied economics and am very much a layman. So if someone wanna correct me, please do!
- rsdfvn1099 2y agoThere's even a precedent. https://en.wikipedia.org/wiki/Dot-com_bubble https://en.wikipedia.org/wiki/Dot-com_bubble Sucked for California. Everywhere else was fine. But traffic was so much better in the bay so there's that silver lining...