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oblio • today at 3:00 PM • 1 reply • view on HN

Almost every bubble ever had its detractors. Yet they still happened because those who actually had decision power and market shaping power didn't care about any downsides from popping a larger bubble so they just wanted to make money.


Replies

WarmWash • today at 3:24 PM

>Almost every bubble ever had its detractors.

Absolutely correct. That's why I mentioned the niche in my comment.

But no bubble ever has been predominately detractors.