The Inquisitr: IT’S OVER! POP GOES THE BUBBLE.
Richard
· 1 year ago
I wouldn't call it a bubble. It just happens to look like a recession is on the horizon. As they always are.
The bubble at the beginning of the decade was an investment bubble, because yes, investment in the tech sector was over blown. However, this time around almost everyone has been more rational.
I hate the term "bubble" when used to describe the tech sector at the moment. It's not about to burst, because it isn't a bubble. It may turn into a recession.
Ted
· 1 year ago
"The idea of a great depression is a stretch, given the unprecedented steps being taken by Governments worldwide to save some semblance of a workable market"
Duncan, the great depression was caused by strikingly similar government interventions in the market. Any action the government now takes can at best keep us from a recession for a short period of time, at the price of a worse crisis in the future.
Simon
· 1 year ago
Sounds like the world is coming to an end!
Svetlana Gladkova
· 1 year ago
I'll put the date to my calendar for the next year's anniversary, very good to see you dared to announce what some of us still decline to admit - the bubble has been here and it has burst now. And while there are good and bad points (with the best one being possible growth of online advertising industry) about it, it is still good that we have finally admitted this fact and will now go on in the unfavorable conditions.
All Comments
The bubble at the beginning of the decade was an investment bubble, because yes, investment in the tech sector was over blown. However, this time around almost everyone has been more rational.
I hate the term "bubble" when used to describe the tech sector at the moment. It's not about to burst, because it isn't a bubble. It may turn into a recession.
Duncan, the great depression was caused by strikingly similar government interventions in the market. Any action the government now takes can at best keep us from a recession for a short period of time, at the price of a worse crisis in the future.