If you live long enough, you’ve been through a number of bubbles. For me thats:
Black Monday (1987)
Dot com bubble (2000) which also bled into 9/11 economics impacts
Great Recession (2008)
COVID (2020)
The next bubble will just be another. Economy will slow, value of most assets will drop. Jobs will be lost, homes foreclosed on…and then the recovery will begin again. We’ll look in the mirror shocked we survived it then in a few years we’ll completely forget about it and be terrified of the next bubble.
So, prepare by living within you means, take care of yourself and your loved ones, and just be ready to weather the next storm. We’ll get through that one too.
Or if it was, it was all the over investment in entertainment and productivity tools. In which case, that popped around 2023 when everything got cancelled and RTO layoffs started.
If you live long enough, you’ve been through a number of bubbles. For me thats:
The next bubble will just be another. Economy will slow, value of most assets will drop. Jobs will be lost, homes foreclosed on…and then the recovery will begin again. We’ll look in the mirror shocked we survived it then in a few years we’ll completely forget about it and be terrified of the next bubble.
So, prepare by living within you means, take care of yourself and your loved ones, and just be ready to weather the next storm. We’ll get through that one too.
Covid wasn’t a “bubble”.
Or if it was, it was all the over investment in entertainment and productivity tools. In which case, that popped around 2023 when everything got cancelled and RTO layoffs started.
While the rich get richer and more people get poorer.