decended_being@midwest.social to No Stupid Questions@lemmy.world · 3 days agoWhat is the catalyst that actually causes (financial) bubbles to burst?message-squaremessage-square39fedilinkarrow-up162arrow-down10file-text
arrow-up162arrow-down1message-squareWhat is the catalyst that actually causes (financial) bubbles to burst?decended_being@midwest.social to No Stupid Questions@lemmy.world · 3 days agomessage-square39fedilinkfile-text
minus-squareDrDickHandler@lemmy.worldlinkfedilinkarrow-up5·2 days 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 days 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 days agoYou hadn’t been around for dotcom craze then.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up2·2 days agoOr the sub prime mortgage craze. Everyone pays their mortgage? Right? Right?
minus-squareNalivai@lemmy.worldlinkfedilinkarrow-up1·2 days agoA lot of people learn nothing from their experience, you’re not alone in that
minus-square1984@lemmy.todaylinkfedilinkarrow-up1·2 days agoHaha well thats one way to interpret this conversation… :)
minus-squareDrDickHandler@lemmy.worldlinkfedilinkarrow-up1·2 days agoBubbles can take years to pop. November price action is irrelevant.
minus-square1984@lemmy.todaylinkfedilinkarrow-up1·2 days agoI think news about bubbles being close to popping is making people scared to invest money. What other purpose do those news and discussions serve, if not to scare people? I think its a big mistake to sit outside the market at this point. We likely wont have another rally like this for a long time.
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.
A lot of people learn nothing from their experience, you’re not alone in that
Haha well thats one way to interpret this conversation… :)
Bubbles can take years to pop. November price action is irrelevant.
I think news about bubbles being close to popping is making people scared to invest money.
What other purpose do those news and discussions serve, if not to scare people?
I think its a big mistake to sit outside the market at this point. We likely wont have another rally like this for a long time.