Hacker News Reader

I'd imagine that this is how 1999 felt like.

Blind optimism, gurus promising the future and companies with bogus valuations that haven't made a single dime yet.

I'm gonna grab my pop corn.

The fed wasn’t buying junk bonds in 1999 to keep failing companies afloat. There wasn’t an overvaluation of everything from real estate to NFT’s. The decade before hadn’t seen QE used to help bail out the rich. There wasn’t stagflation happening. The worlds most powerful country wasn’t deeply divided on every major issue. China wasn’t sending fighter jets to Taiwan and their leader wasn’t giving speeches about retaking that land while the USA conducted war games admitting it couldn’t stop them.

The tech bubble of 1999 is looking pretty good by comparison.

I read "pop corn" as "dot com" :P

Reply on news.ycombinator.com