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> It's almost perfectly periodic.

And yet the underlying cause of the busts has varied.

People bring up the "due for a bust" observation and they may be right. But I have to ask, "What is going to be the economic trigger this time?"

Nine out of those eleven recessions were triggered by the Fed raising interest rates for the purpose of controlling inflation.

interesting, i wonder how cryptocurrencies will react.

Som are clearly booming like the regular stocks are. But some are also built to resist inflation.

>People bring up the "due for a bust" observation and they may be right

And it can be a self-fulfilling prophecy .. expect a bust, look for a bust, have a bust: declare you "knew" it was coming