- Epic Economist
Throughout history, we have had many economic collapse and in all cases, it never ended well. Bubbles will always burst because inflated economic growth or market rise cannot be sustained in long run. Back in the 200s we had the Dotcom bubble and before the burst, everyone was jumping into it but just like any other bubble and at the end people lost their investments. The same pattern repeated itself in 2017 when everyone was jumping into the cryptocurrency market where it took a matter of months before the prices collapsed by about 50 percent. It is shocking that from the past economic bubbles, most people are yet to learn their lesson because right now, the pattern is repeating itself and a new economic bubble is forming right in front of us. Right now the markets are inflated and everything smells like a bubble and it seems that we are almost at the end; we have a rising stock market while the real economy heading to economic collapse and millions of people are jobless.