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Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (4441)	2/21/2005 5:02:24 PM
From: tejek	Read Replies (1) \| Respond to of 7936

Any opinions on this? Why We Need Bubbles alwayson-network.com; You know, I don't really think the internet craze of the last years of the 90s was a bubble. I believe expectations got ahead of reality but I didn't see it as the huge bubble others have called it. When you look at past bubbles, their collapse tended to lead to a huge echo collapse in the economies surrounding it. That didn't happen with the internet 'bubble'. Sure, the Naz declined and we went into recession........but it only lasted a couple of years. Collapses of other bubbles have resulted in depressions that have lasted for many years, even decades. IMO the only real victim is tech........its bloom is off. ted