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/biz/ - Business & Finance

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File: 89 KB, 1718x788, dotcom vs 2008.png [View same] [iqdb] [saucenao] [google]
9552965 No.9552965 [Reply] [Original]

Which ruined more people's lives?

>> No.9552988
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9552988

Dot com was mostly speculators burned

2008 was real people losing homes to housing bubble

>> No.9553008

>>9552988

How long do you think until the current bubble pops? How long will it take to recover?

>> No.9553009

>>9552965
Those are nothing compared to what’s coming tomorrow

>> No.9553025

>>9552988
this.

dotcom was mostly paper profits. easy come easy go.

>> No.9553456

>>9552988
unironically this

>> No.9553475

>>9553008
2-4 years to pop, probably 6-10 years to recover then it will just pop again like it always does.

>> No.9553496

>>9552988
But amerimutts are not people...

>> No.9553503

>>9552965
The 2017 bitcoin bubble, obviously

>> No.9553523

>>9553475

I mean, when will the peak happen? To me it has to be between Late 2018 and late 2021.

>> No.9553574
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9553574

>>9553496
Keep telling yourself that

>> No.9553591

>>9553523
we're in the peak, it's like a slow moving train wreck, but severity changes a lot depending on the region. wages are shit, boomers can't afford to retire, student loan debt is out of control, and housing supply is so low that literal 1 room shacks are having bidding wars on the regular.

the next couple of years will be like sitting in a pressure cooker, then it will pop.

>> No.9553598

>>9553008
it wont ever pop, it will hyperinflate

>> No.9553617

The great btc crash from 19.8k to 6k probably ruined tons of poor souls thinking it was their golden ticket

>> No.9553650

>>9553591
Well, it could peak in a couple of months, hopefully. But yes, i also wonder how long it will take to the bottom, like this guy says: >>9553598
It could hyperinflate too with devalued currency.

>>9553617
Maybe we still have a chance.

>> No.9553666

dotcom bubble deserved it...
i mean pets.com
stamps.com

billion dollar evaluations, my god what the fuck

>> No.9553676

>>9553650
the peak varies by region. flyover markets have been relatively unaffected in terms of housing until recently, but in california google engineers can't afford an apartment and have to live in their car.

>> No.9553754
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9553754

>>9553574
>Japanese Yen above British Pound
BASED

>> No.9554091

>>9553666
you say that, as you and others on this board pile capital into ""securities"" that don't even represent a legitimate claim of ownership like equities do