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The ironic part about bubbles is that, necessarily, +80% of people believe we're not in a bubble just before it pops. After all, this is the primary reason for
by mangeletti 11y ago
The ironic part about bubbles is that, necessarily, +80% of people believe we're not in a bubble just before it pops. After all, this is the primary reason for a bubble. This means that asking people if we're in a bubble is sort of a measure of the inverse.
It is possible that we are just below the top of the 8 (not 7) year cycle (see my explanation boom / bust cycles @ https://news.ycombinator.com/item?id=9565624 https://news.ycombinator.com/item?id=9565624).
- alex_duf 11y agoThat is a good point