decended_being@midwest.social to No Stupid Questions@lemmy.world · 1 day agoWhat is the catalyst that actually causes (financial) bubbles to burst?message-squaremessage-square32fedilinkarrow-up152arrow-down10file-text
arrow-up152arrow-down1message-squareWhat is the catalyst that actually causes (financial) bubbles to burst?decended_being@midwest.social to No Stupid Questions@lemmy.world · 1 day agomessage-square32fedilinkfile-text
minus-square1984@lemmy.todaylinkfedilinkarrow-up1arrow-down2·edit-29 hours 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-squareDrDickHandler@lemmy.worldlinkfedilinkarrow-up1·3 hours agoBubbles can take years to pop. November price action is irrelevant.
minus-square1984@lemmy.todaylinkfedilinkarrow-up1·3 hours 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.
minus-squareNalivai@lemmy.worldlinkfedilinkarrow-up2·9 hours agoYou hadn’t been around for dotcom craze then.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up2·8 hours agoOr the sub prime mortgage craze. Everyone pays their mortgage? Right? Right?
minus-square1984@lemmy.todaylinkfedilinkarrow-up1·8 hours agoI actually was. This is nothing like it.
minus-squareNalivai@lemmy.worldlinkfedilinkarrow-up1·6 hours agoA lot of people learn nothing from their experience, you’re not alone in that
minus-square1984@lemmy.todaylinkfedilinkarrow-up1·6 hours agoHaha well thats one way to interpret this conversation… :)
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.
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.
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… :)