this post was submitted on 20 Jun 2026
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[–] TheBlackLounge@lemmy.zip 2 points 2 months ago (10 children)

Dot-com bubble took about 5 years before it burst, and that was crazier. Why would you think this one would pop quicker?

[–] hansolo@lemmy.today 1 points 2 months ago (6 children)

You're talking about from buildup to crash, though. As if everyone just looking at literally any large investment and saying "it's a bubble!" is dong anything other than being a broken clock right twice a day.

I follow conspiracy theories extensively, and people have always predicted a huge, massive economic collapse next year - every year. On Art Bell, it was a constant, reiterated prediction every year from 1994 until 2013. It's only the ones that happened to say it in 2006 or 2007 that rode the credit of "actually predicting the 2008 crisis!" Even the ones saying it before the Dot Com bubble didn't get it right because their doomerism made all predictions "end of the world" level.

[–] echodot@feddit.uk 0 points 2 months ago* (last edited 2 months ago) (1 children)

Except people did predict the crash, they could see it coming and they made bank out of it. They made a movie about it.

[–] hansolo@lemmy.today 1 points 2 months ago

That movie was about 20 people copying one guy

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