This bubble is largely self dependent with all invested parties incentivised to prop it up. Completely different type of situation.
This bubble is largely self dependent with all invested parties incentivised to prop it up. Completely different type of situation.
umbrella@lemmy.ml 2 days ago
so, still a bubble like the housing crash?
Credibly_Human@lemmy.world 2 days ago
No. The housing crash really started to go off when regular people could not pay their bills. These arent regular folks here. These are mega corporations.
umbrella@lemmy.ml 2 days ago
that’s how a bubble works. they are mega corporations that represent like 90% of the economy. their companies go under, the people working for them are jobless all at once.
Credibly_Human@lemmy.world 2 days ago
Are you like… just not reading the parts where I explain how these are massively different situations?
2 things can be bubbles while being massively different in the forces at play.