What was life during the previous financial bubbles? (lemmy.umucat.day)

submitted 1 day ago by xavier666@lemmy.umucat.day to c/asklemmy@lemmy.world

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I was there during the crypto-bubble, the housing market bubble, but I don't have any memory of the internet/dotcom bubble, and I was not alive during the rail-road bubble.

However, I want to know what the thoughts of the people were during that time. During AI, that fact that it's a bubble is more apparent but during the housing and dotcom, I feel like it was more subtle (or I am too naive).

Does anyone have any personal experience of what it was like at that time? Were people as skeptical as they are today? What were they right/wrong about? Were the attitudes different? What changed after the crash?

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[-] xavier666@lemmy.umucat.day 4 points 21 hours ago

I remember that MBAs were in hot demand during that time, specially after wasting 4 years in engineering.

[-] Taleya@aussie.zone 4 points 19 hours ago

Of course they were , they promised unicorn farts and candy for everyone

this post was submitted on 11 Jul 2026

51 points (98.1% liked)

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