No such thing as a bubble.
There are only productive, functioning economies which the central Federal Reserve Bank (a private bank) has to disrupt because if allowed to continue would allow Americans to pay off their debt.
Banks exist and make profit off debt. Hence they have to manipulate the economy to keep people poor. If you’re financially wealthy, you don’t need loans.
Wealth, productivity, and no debt are the natural functioning state of a working free-market economy.
But in the US we don’t have a free-market economy – we have a centrally-run, manipulated one.
Whenever Americans build a booming economy, the bankers will disrupt and destroy it. This is usually done with marketing PR claiming it was “all just an inflated bubble and had to end”.
Productive functioning economies continue indefinitely – unless someone steps in and wrecks them.
This is usually done via mass immigration which flood the labor supply driving wages down. People lose their good-paying jobs and become poor again – habing to resort to begging banks for loans to live.
And that is just the way the criminal bankers want it.
Before COVID China didn’t have a single recession for 30 years.
The dot-com boom was one such functioning economy. In 1998 and April 2001, the Fed had then-President Bill Clinton sign into law 2 massive increases in foreign tech worker visa programs – from 65,000 to 115,000 in 1998, which didn’t do the trick, and again in April 2001 to 195,000 per year. The 2nd increase did do the trick and destroyed Silicon Valley: Hyper-productive/creative Americans who built the valley got thrown out of work and displaced by armies of cheap foreign labor who destroyed most of the valley which collapsed in late 2001. One of the biggest companies destroyed was Sun Microsystems which was occupied by foreign workers who failed to innovate as promised.
Those foreign workers then fled to Wall. St. for high paying jobs and it collapsed in 2008.
Now the same thing has happened again – and it’s the criminal central bankers rigging the labor market who are doing it.
There is no such thing as made-up random fake bullshit business cycles. It’s always deliberate manipulation that causes busts and recessions – all so the bankers can keep making huge profits by keeping everyone in debt.
The bankers will not allow any booming self-sufficient economy to exist which they do not control.
It’s 2001 all over again – but only because central bankers flooded us with millions of cheap foreign workers – again.
The US economy is a rigged system for the benefit of those who run it.