I agree, but would like to maybe build out that theory. When we start talking about the mechanisms of the past we end up over-constricting the possibility space. There were a ton of different ways the dotcom bubble COULD have played out, and only one way it did. If we view the way it did as the only way it possibly could have, we'll almost certainly miss the way the next bubble will play out.
I agree, but would like to maybe build out that theory. When we start talking about the mechanisms of the past we end up over-constricting the possibility space. There were a ton of different ways the dotcom bubble COULD have played out, and only one way it did. If we view the way it did as the only way it possibly could have, we'll almost certainly miss the way the next bubble will play out.