decended_being@midwest.social to No Stupid Questions@lemmy.world · 1 day agoWhat is the catalyst that actually causes (financial) bubbles to burst?message-squaremessage-square27fedilinkarrow-up147arrow-down10file-text
arrow-up147arrow-down1message-squareWhat is the catalyst that actually causes (financial) bubbles to burst?decended_being@midwest.social to No Stupid Questions@lemmy.world · 1 day agomessage-square27fedilinkfile-text
minus-squareDrDickHandler@lemmy.worldlinkfedilinkarrow-up5·3 hours agoIt’s a foundation AND a bubble. These aren’t mutually exclusive. You must be living under a rock if you think their valuations are sustainable.
minus-square1984@lemmy.todaylinkfedilinkarrow-up1arrow-down2·edit-22 hours agoNo, I just know how these things go. Convince the people its a bubble, while big whales buy the stocks. You will see end of november being back at new records.
minus-squareNalivai@lemmy.worldlinkfedilinkarrow-up2·2 hours agoYou hadn’t been around for dotcom craze then.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up1·1 hour agoOr the sub prime mortgage craze. Everyone pays their mortgage? Right? Right?
It’s a foundation AND a bubble. These aren’t mutually exclusive. You must be living under a rock if you think their valuations are sustainable.
No, I just know how these things go.
Convince the people its a bubble, while big whales buy the stocks.
You will see end of november being back at new records.
You hadn’t been around for dotcom craze then.
Or the sub prime mortgage craze. Everyone pays their mortgage? Right? Right?
I actually was. This is nothing like it.