alt Hacker NewsHas there ever been a more predicted bubble? We’re passing laws ahead of time.
I feel like real estate in 2007 was mostly in denial about a bubble. People would mention it but generally list reasons why it’s not a bubble. Same with 1999.
What does it mean when everyone agrees there’s a bubble?
I don't think many people were even aware that there was a market betting on mortgages. People could see that rates were low and people were getting mortgages that couldn't pay them but the enormous credit market betting on it and bundling them together was something only the finance people and the ultra wealthy knew about.
This one everyone can see it, its very public, it has daily enormous public marketing from all the sellers of AI in the press.