Yes, absolutely yes, The dotcom bubble was precipitated by lots of people in mainstream media sounding the alarm. Ditto for the real estate bubble that led to the stock market collapse of 2008.
I personally remember the string of “us re makes no damn sense” articles in the financial press end of ‘06 and early ‘07. Iirc credit ratings and mortgage exposure specifically was being widely panned by 07. And still it took another year for it to shake out to the financial system at large.
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Yes, absolutely yes, The dotcom bubble was precipitated by lots of people in mainstream media sounding the alarm. Ditto for the real estate bubble that led to the stock market collapse of 2008.
I personally remember the string of “us re makes no damn sense” articles in the financial press end of ‘06 and early ‘07. Iirc credit ratings and mortgage exposure specifically was being widely panned by 07. And still it took another year for it to shake out to the financial system at large.