We were entering a new paradigm, but the price took about 13 years to recover after 2000. Price can get very far ahead of reality, even at the cusp of a new paradigm. The bubble chart is about the price.
Yes, but it took 15 years after the bubble popped for life via internet to really cement for our society in a broader sense. The bubble mechanics still played out, even if the ultimate result was a new paradigm.
I've got, and you likely as well, a lifetime ouvre which shows that dot com was, in fact a new paradigm.
We were entering a new paradigm, but the price took about 13 years to recover after 2000. Price can get very far ahead of reality, even at the cusp of a new paradigm. The bubble chart is about the price.
https://fred.stlouisfed.org/graph/?g=zR9T
Yes, but it took 15 years after the bubble popped for life via internet to really cement for our society in a broader sense. The bubble mechanics still played out, even if the ultimate result was a new paradigm.