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I kept hearing about 2008 crisis. It is overrated. Just a market up and down ?
by revskill 2y ago
I kept hearing about 2008 crisis. It is overrated. Just a market up and down ?
- johnnyanmac 2y agoAre we calling current times overrated too? If so I'd love to know how you are fairing with work and overall finances.
- MrDresden 2y agoI can't speak for other places but graduating into the Icelandic market at the time was brutal. The state was effectively bankrupt at the time.
- disgruntledphd2 2y agoIt was probably the worst economic crisis of the last fifty years. It went on forever, particularly in Europe and the UK (mostly because of a bunch of bone-headed moves by politicians). Even the US basically didn't get back to where it was pre-2008 till 2019. Tech was fine because mobile was happening, but it was incredibly grim everywhere else.
- billy99k 2y ago"Even the US basically didn't get back to where it was pre-2008 till 2019." Hard disagree. Things went back to almost normal around 2013. Lots of money going around, new startups, and plenty of jobs.
- disgruntledphd2 2y agoYeah fair enough. The numbers suggest otherwise but I only visited back then.