"Another internet bubble" would probably be less damaging than the flattening of the IPO market, which has decimated venture capital. When something that is es

"Another internet bubble" would probably be less damaging than the flattening of the IPO market, which has decimated venture capital. When something that is essential for subsistence experiences a bubble (e.g. food, housing) it causes an incredible amount of pain, as we've seen in the past decade. Stock bubbles are, in comparison, harmless. Some people get hurt badly, and some make huge gains, but they aren't so ruinous that one should make huge sacrifices in order to avoid them.