this post was submitted on 21 Oct 2025
83 points (92.8% liked)

Asklemmy

50967 readers
576 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago
MODERATORS
 

If you think this started with Silicon Valley that's a mistake

you are viewing a single comment's thread
view the rest of the comments
[โ€“] partial_accumen@lemmy.world 13 points 1 day ago (2 children)

If you live long enough, you've been through a number of bubbles. For me thats:

  • Black Monday (1987)
  • Dot com bubble (2000) which also bled into 9/11 economics impacts
  • Great Recession (2008)
  • COVID (2020)

The next bubble will just be another. Economy will slow, value of most assets will drop. Jobs will be lost, homes foreclosed on...and then the recovery will begin again. We'll look in the mirror shocked we survived it then in a few years we'll completely forget about it and be terrified of the next bubble.

So, prepare by living within you means, take care of yourself and your loved ones, and just be ready to weather the next storm. We'll get through that one too.

[โ€“] teawrecks@sopuli.xyz 3 points 1 day ago

Covid wasn't a "bubble".

Or if it was, it was all the over investment in entertainment and productivity tools. In which case, that popped around 2023 when everything got cancelled and RTO layoffs started.

[โ€“] Valmond@lemmy.world 3 points 1 day ago

While the rich get richer and more people get poorer.