Businesses are in for a mighty debt hangover

Re:Businesses are in for a mighty debt hangover by ryandrake on Tuesday May 16, 2023 @07:19PM (#35969098)

> this one feels qualitatively more mainstream, and thus overall larger - it's not just tech bros getting into these tools, it's virtually everyone.

This may just mean the bubble is inflating faster than with the previous examples. Mainstream excitement often = it's about to pop.

The time to sell high and bail on crypto was when it became mainstreamed in the general public. I think the exact day was when Elon Musk hosted SNL and mentioned Dogecoin. The time to bail on Real Estate was when the receptionist in your office quit to become a Realtor. The time to bail on dotCom 1.0 was when your dad had a web site idea.

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Re:Businesses are in for a mighty debt hangover by zamnos on Tuesday May 16, 2023 @08:58PM (#35969996)

Dogecoin is down from the 2021 high but this Internet thing seems to have had legs. AMZN is up at $113 from shy of $4 circa 2001. Sounds like your dad's one for one. What's his thoughts on ChatGPT?

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Re:Businesses are in for a mighty debt hangover by cudgy on Wednesday May 17, 2023 @07:31AM (#35973833)

If only AMZN represented the entire dot com bubble.

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Re:Businesses are in for a mighty debt hangover by ryandrake on Wednesday May 17, 2023 @03:33PM (#35980114)

Exactly. Talk about entirely missing the point!

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