Source: CounterPunch
by Dean Baker
‘As we all wait for reality, and/or China, to catch up with the Silicon Valley AI boys, it might be a good time to go back in time a bit and see what it looked like in the past when our bubbles burst, specifically the tech bubble in 2001 and the housing bubble in 2008. Fortunately, it is easy to find the key data.” (05/21/26)