After WWII everything boomed. What if we have been in a economic bubble that started 50-70 years ago.

  • HubertManne@piefed.social
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    5 hours ago

    not really. it dived and corrected in like less than a week. it was such a blip that it effectively had no real effect and actually seemed to prime it to pretend the high before was a low and just rocketed at an insane pace. Even 2008 was not much of a correction. the millenia seems to feel P/E ratios don’t matter.