Ask them if they can imagine bubble in Treasuries! They certainly couldn't see one in housing or the .com one even though they both were straight in their faces

Ask them if they can imagine bubble in Treasuries! They certainly couldn't see one in housing or the .com one even though they both were straight in their faces. They laughed off anyone talking about bubbles then You can proudly proclaim that the bubbles were obvious now that the pops have come to pass, but talk is cheap, and if you're wrong, it's always "just around the corner" until one day, you saw it coming all along. If it takes 30 years for the bubble to pop, then god damn, check out this HN thread from 2014 where you predicted this exact outcome THREE DECADES in advance, but nobody listened! I'm not dismissing the consequences of running up absurd levels of debt, I just think it's sort of funny that in a thread regarding the failings of human certitude, you felt it necessary to demonstrate your certainty in outcomes regarding, of all things, macroeconomics, perhaps the least reliable science from which to model precise predictions.