Quote:
Originally Posted by Rain Man
I wonder if we're in line for a big correction. It's completely "me-search" instead of research, but I've recently heard several independent bits of bad news in my personal network, to the point where I've wondered if some sort of tipping point has been reached in terms of companies holding the line on the economy.
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I had to do some highway driving today. That's when my mind really ****ing goes. If I drive around here, I'm always looking at crops and shit, and when I'm doing field work I'm operating the machine instead of spacing off. But I spaced out today.
Is this not the .com bubble? I mean we're not having companies with 0 revenue (except Nikola) have huge stock prices, but P:E is way out of line and there is just stupid money floating around.
I haven't thought about the .com bubble because it was sooooo stupid we could never do anything like that again, right? But there are a lot of similarities.