I suspect this might be worse due to the amount of money being thrown around. As much as I want the companies responsible for the stupid bubble to go bankrupt, there’s a lot of money from pension and investment funds, so that’s going to hurt a lot of people who had nothing to do with that.
Is this similar to the Dot.Com bubble burst?
I suspect this might be worse due to the amount of money being thrown around. As much as I want the companies responsible for the stupid bubble to go bankrupt, there’s a lot of money from pension and investment funds, so that’s going to hurt a lot of people who had nothing to do with that.
https://www.wheresyoured.at/credit-crunch/
Also like the 2008 housing crash.