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You aren't doing justice to d4vlx’s comment. What he said is that this bubble has not permeated the community outside of tech, whereas the .com bubble did (and
by DenisM 13y ago
You aren't doing justice to d4vlx’s comment. What he said is that this bubble has not permeated the community outside of tech, whereas the .com bubble did (and I would add the housing bubble, and the per-depression bubble). A larger bubble is always producing a larger bust, with non-linear effect.
"This time is different" is normally referring to "tech is changing the world, we don't need he profits, it will grow forever, this time it's different" or "they don't make any more land, housing prices will grow forever, this time it's different". It's not at all the same things to point out that the scale of the bubble is much smaller. Lumping the two together produces a strong impression that your comment is disingenuous.
- teddyh 13y agoSo, this could simply be a smaller bubble. “This time it’s smaller!” is an equally non-persuasive argument.