Tech is already in a correction: VCs have pulled back on capital, unicorns are dying, and folks in this-is-a-terrible-idea startups are getting laid off. It's happening in slow motion because most of these companies are privately funded and they run out of runway at different points in time.

I'm actually betting that in the broader economy, we get a bubble as Trump's tax plan & infrastructure spending kick in and Yellen doesn't pull back on interest rates hard enough, then a short 1-2 year period of absolute mania as SOX & Dodd-Frank are rolled back and ordinary people can invest in the stock market again, there'll be a massive wealth transfer from poor to rich, and then a very hard crash when they run out of suckers. Then the government will panic at the crash, dump money into the economy, and we'll get hyperinflation. Civil unrest follows, with mass protests, a government crackdown, and the eventual disintegration of the U.S. as a nation-state.

Hard to predict the timing of such an involved sequence of events, though. The tax plan is under works right now, and maybe we'll get infrastructure spending in the first year of Trump's presidency. That'd indicate the bubble beginning around late 2018, reaching crescendo just after re-election in 2020, and popping around 2021.