I was there during the crypto-bubble, the housing market bubble, but I don’t have any memory of the internet/dotcom bubble, and I was not alive during the rail-road bubble.
However, I want to know what the thoughts of the people were during that time. During AI, that fact that it’s a bubble is more apparent but during the housing and dotcom, I feel like it was more subtle (or I am too naive).
Does anyone have any personal experience of what it was like at that time? Were people as skeptical as they are today? What were they right/wrong about? Were the attitudes different? What changed after the crash?
UK, 2008ish was a pain in the ass for me. Just entering the workforce, got my first job at mcdonalds. Got in just before it all went to shit. Seriously psychologically abusive time. Managers treated you like shit and you had to lick their arses because they could fire you for anything and there were thousands of people lining up for your job. I became a shift manager and I had ex-lawyers and fully trained vets cleaning out the grease traps.
Was fucked.
Basically same situation, but lived at home because there was no jobs. People in snazzy suits were all lined up around the block for a shot at working for a burger chain.