LongHaul Posted April 26, 2018 Share Posted April 26, 2018 I am not sure of this but perhaps the frequency of massive bubbles (in the US) is increasing. That is my current hypothesis. 1999 - internet bubble 2006 - Housing bubble 2007 - stock market bubble 2017 - bitcoin 2018 - stock market bubble In less than 20 years humans have gone totally nuts in the US 4-5 times. Some of you will disagree with some of what I have classified as bubbles and the current ones may only be seen in hindsight. The question is, why is this likely happening with increasing frequency? And this is when: 1. There is more information available (internet, books, etc) than ever before. Some likely explanations: 1. Increasing Social pressures from increased exposure to the internet (news, quotes, facebook, etc) 2. More information but less deep learning and thinking. Smart phones and the internet are distracting us and overfilling our brains. 3. Less patience because we are used to things happening fast, so conditions us to be less patient. These are just some of my thoughts. Curious of what others think. Feel free to post on this after a few days reflection. Link to comment Share on other sites More sharing options...
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