| ▲ | kube-system 21 hours ago | |||||||
> 1929, Dotcom, Great Recession, 2010's Flash Crash - none of these were in the public discussion before they happened. The "public discussion" is a whole different thing. They weren't in the public discussion because macroeconomic theory isn't something mom and pop like to chat about on the weekend. They only become dinner-table discussion topics when the impacts hit main street, after they happen. But bubbles in recent history have been pretty reliably identified beforehand: https://web.archive.org/web/20180330001927/https://www.barro... https://www.economist.com/special-report/2005/06/16/in-come-... It isn't hard for economists to find bubbles, where the market is taking on high levels of risk. What is downright near impossible to do is predict what specific event will cause the dominos to begin dropping, or when it will happen. | ||||||||
| ▲ | rybosworld 21 hours ago | parent [-] | |||||||
Right - my point is that if everyone is talking about it, then it isn't a bubble that's waiting to be popped. Anecdotally, I have family who don't follow the stock market at all and are talking about the "AI Bubble" that's about to pop. | ||||||||
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