I mean, isn't the definition of a bubble that it pops quickly? If it slowly loses value over time, its not really a bubble.
> isn't the definition of a bubble that it pops quickly?
There is no consistent definition of a bubble. We have no fundamental reason current valuations have to collapse suddenly.
Is there any definition of bubble that doesn't involve popping? That's literally the metaphor.
> We have no fundamental reason current valuations have to collapse suddenly.
I would agree, but i think that is just saying that the current situation is potentially not a bubble. Which may be true. We will only find out after the fact.
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