Did you cry when the dot-com bubble burst?

[Free Trade is managed by the invisible hand.]

No

its pretty amazing how the bubble even got started.

If I recall correctly, you said you would leave.

I said i would post less

[opebo]

I didn't care and it didn't 'change the world forever'.  What a minor thing high tech is anyway, inflated or collapsed!

[I spent the winter writing songs about getting better]

Remember that the dot com bubble gave us Amazon.com and eBay. Wasn't exactly a total waste. Some of those dot com start-ups were so hilarious dumb though. Remember Flooz? I mean seriously, in hindsight, how did they ever think that would be successful?

[The Mikado]

I miss the pets.com sockpuppet.

[Queen Mum Inks.LWC]

Nope - doubt I even knew what the dot-com bubble was.

[Small Business Owner of Any Repute]

Remember that the dot com bubble gave us Amazon.com and eBay. Wasn't exactly a total waste. Some of those dot com start-ups were so hilarious dumb though. Remember Flooz? I mean seriously, in hindsight, how did they ever think that would be successful?

Because it had the marketing might of Whoopi Goldberg behind it?

[memphis]

I've never owned any stocks and don't live in a part of the country with a lot of high-tech jobs. If not for the tv, I never would have noticed.

[Torie]

No. I avoided that pit like the plague.

[The Mikado]

Bump

Why?

[Cubby]

I was unaware it was happening. It wasn't until 2002 or later that the media started referring to 2000-2001 as the years the dot.com bubble burst. The only sign was that the Dow peaked in January 2000 and then started to go down, with some big drops in March and April of that year. I think of it more as the March-November 2001 Recession than the Dot-Com Bubble.

At the time I was too focused on the Gore-Bush Race and the Elian Gonzalez case (among other things) to notice. The national unemployment dropped to 3.9% in April 2000 and again in September and October. Not good enough to get Gore elected, but still the lowest it had been since 1969 or 1970. The economy didn't get any attention until after Bush v. Gore was decided. If I had been paying to the monthly jobs reports back then, I would have been more aware of the impending recession.

I remember immediately after Bush v. Gore was decided in December 2000, someone on TV saying "we should be worried about the "R-word". That's my earliest memory of the 2001 Recession.

[Eraserhead]

Bump

Why?

More importantly, why not?

[opebo]

I...

[Smid]

I was still a young investor in those days (20, investing money made from working part time at the local supermarket while studying full time), and I enjoyed meeting face to face with my broker at her office downtown. One time, in the twelve months before the bubble burst, she took me back to her desk and pulled up some charts of some dot.com stocks and pointed out how insane they looked. I think it was because she'd been telling me about a stock that had floated the day before for 20 cents and closed the day out at $2.40. She said "this is what the tulip craze looked like. It's unsustainable and if I can give you one word of advice, it would be to stay away from these stocks because although some of them are good companies and have business plans and will make a profit, it's going to end very badly for most of them and the people who bought them."

[Хahar 🤔]

I suppose jfern might have been affected, too.