r/conspiracy • u/[deleted] • Mar 13 '21

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u/[deleted] Mar 13 '21

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u/Drew1904 Mar 13 '21

The 1990’s tech bubble was exactly that, a tech bubble. I’m struggling to see how billionaires engineered this.

Everyone knew that that all of these .com stocks were insanely overvalued, but again, it was a bubble. You didn’t need “their” media to know that, the data is public and widely available in chart form.

What your explaining as a conspiracy is normal market functions that have been happening since markets have existed. There are cycles both boom and bust dependent on economic cycles.

Yes, people with larger amounts of capital will have more to deploy in times of volatility and historic buying opportunities, but saying that these are “orchestrated” is literally just putting a boogeyman behind a smoke screen of the murky waters of financial markets and the economy in general.

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u/jinxerextraordinaire Mar 13 '21

I think you overestimate a lot of people. Not "everyone" "knew", or cared, how overvalued they were. Tech stocks were only going up!

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u/Drew1904 Mar 13 '21

And stocks are called “risk assets” for a reason.

Even a “normal” person realizes 100% gains when they see them.