It's all the vague similarities - pandemics, wars, economic boom suspiciously looking like a bubble (be it the fact that many people can no longer afford housing, or that anyone and their grandfather is investing somehow).
So nothing conclusive, but if we had conclusive metrics to point to that could indicate an economic bust is coming, we would be able to implement policies to prevent them.
isn't this pretty common to most analyses of past events and attempts to make proxy analyses for the future? If we had all of the facts organized and known we would be able to prevent all crashes, etc, would we not?
And apparently many people here on HN want to discredit the author's conclusions because they dont agree with them personally.
Comments
It's all the vague similarities - pandemics, wars, economic boom suspiciously looking like a bubble (be it the fact that many people can no longer afford housing, or that anyone and their grandfather is investing somehow).
So nothing conclusive, but if we had conclusive metrics to point to that could indicate an economic bust is coming, we would be able to implement policies to prevent them.
isn't this pretty common to most analyses of past events and attempts to make proxy analyses for the future? If we had all of the facts organized and known we would be able to prevent all crashes, etc, would we not?
And apparently many people here on HN want to discredit the author's conclusions because they dont agree with them personally.