I was there during the crypto-bubble, the housing market bubble, but I don’t have any memory of the internet/dotcom bubble, and I was not alive during the rail-road bubble.
However, I want to know what the thoughts of the people were during that time. During AI, that fact that it’s a bubble is more apparent but during the housing and dotcom, I feel like it was more subtle (or I am too naive).
Does anyone have any personal experience of what it was like at that time? Were people as skeptical as they are today? What were they right/wrong about? Were the attitudes different? What changed after the crash?
I understand this sentiment. As someone who didn’t see wealth during their childhood, people get confused as I still travel by public transport instead of driving. I just assume that things can go sideways at any moment. Yes, it can seem like I’m a bit paranoid, but it’s not illogical.
Thanks for sharing.
Yup.
My parents have been ‘borrowing’ my car for two years. I get around on a Segway e-scooter, which given the explosion in gas prices, has turned out to be a very lucky purchase.
Plan for the worst. Hope for the best. It’s really the best way to navigate America these days.