Peter Thiel Says Covid Marks 21st Century’s True Start
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Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#2I've called it the end of the post-9/11 era, but that's not quite the same thing.
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#3I've called it the end of the post-9/11 era, but that's not quite the same thing.
I'd say your description is spot-on, at least culturally. It's also the end of the post-08 crash era and the start of the post-20 crash era
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#4I've called it the end of the post-9/11 era, but that's not quite the same thing.
I'd say your description is spot-on, at least culturally. It's also the end of the post-08 crash era and the start of the post-20 crash era
It seems a lot of people feared a tech bubble pop throughout the 2010s after the 08 crash, but it never really happened - hence the current "froth"
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#5This a duplicate of: https://news.ycombinator.com/item?id=25319415
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#6Earlier quoted context omitted.
I'd say your description is spot-on, at least culturally. It's also the end of the post-08 crash era and the start of the post-20 crash era
It seems a lot of people feared a tech bubble pop throughout the 2010s after the 08 crash, but it never really happened - hence the current "froth"
There are certainly short term tech bubbles but long term I don't think tech is a bubble. This stuff is here to stay and absolutely core to the economy, even more so after COVID mainstreamed telework.
Right now I think the biggest potential bubble is top-tier city real estate where residential is more than 10X median family income. Commercial real estate is probably in a bubble too, at least in those "hot" cities.
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#7I've called it the end of the post-9/11 era, but that's not quite the same thing.
It won't be that until I'm allowed to keep my shoes on and bring a liter bottle of seltzer water with me when I fly.
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#8I've called it the end of the post-9/11 era, but that's not quite the same thing.
It won't be that until I'm allowed to keep my shoes on and bring a liter bottle of seltzer water with me when I fly.
I bet they’ll let you bring it if you tell them it’s hand sanitizer.
Which is hilarious as the latter combined with a lighter could be a potent improvised weapon.
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#9Earlier quoted context omitted.
It seems a lot of people feared a tech bubble pop throughout the 2010s after the 08 crash, but it never really happened - hence the current "froth"
There are certainly short term tech bubbles but long term I don't think tech is a bubble. This stuff is here to stay and absolutely core to the economy, even more so after COVID mainstreamed telework. Right now I think the biggest potential bubble is top-tier city real estate where residential is more than 10X median family income. Commercial real estate is probably in a bubble too, at least in those "hot" cities.
tech being here to stay is
not contradictory with current bubble prices
Re: Peter Thiel Says Covid Marks 21st Century’s True Start
#10Earlier quoted context omitted.
It won't be that until I'm allowed to keep my shoes on and bring a liter bottle of seltzer water with me when I fly.
I bet they’ll let you bring it if you tell them it’s hand sanitizer. Which is hilarious as the latter combined with a lighter could be a potent improvised weapon.
They already let us fly with numerous lithium fire hazards per person. All you need is something like a metal barreled ink pen to pierce the battery pack. Heck, what protection is there from me getting some volume of mercury on board? A pressurized aluminum airframe would not take kindly to spilling any amount of that.