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shoto_io | 4 years ago

That's the story for many decades now. It turned out wrong every time.

See for example: https://ritholtz.com/2019/08/death-of-equities-40th-annivers...

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SantalBlush|4 years ago

Very true. On the other hand, it was previously believed that the real estate market could never go down, which led to highly leveraged positions in that market from homeowners to banks.