This is Nasdaq following 2000 bubble burst. Dropped 80% within 3 years. The Fed didn’t have anyone’s back. Imagine what happens when much larger 2021 bubble bursts.
This is Nasdaq following 2000 bubble burst. Dropped 80% within 3 years. The Fed didn't have anyone's back. Imagine what happens when much larger 2021 bubble bursts. pic.twitter.com/zGKQo0PDsi — Minsky Moment (@BP_Rising) August 30, 2021 In 100+ years data: Such depressed earnings’ yields have always led to very significant market meltdowns. Great Depression.1937-8 Recession.Tech Bust. … Read more