Bear in mind the Web inventory bubble? It was massive. It was daring. It was going to drive the brand new financial system into the brand new Millennium.
Then it popped.
- With out underlying progress, with out actual income and productiveness features, in the end, what goes up should come down.
- If the asset begins to promote for lots greater than its financial worth, and the value rises to 2 or extra occasions the financial worth, pushed primarily by rising…