Unlike the bursting of previous bubbles, this has not been a wholesale economic apocalypse. (inc.com)
While no one knows for certain, we do know that the over 1600 % price increase year - to - date surpasses many other previous bubbles, such as the dot - com bubble of the late 1990s, and the recent U.S. housing market bubble. (edwardjones.ca)
There are plenty of legitimate reasons to think this business cycle might be different: massive FED debt, globalized economy... but I'm sure during previous bubbles, there were also legitimate reasons for why this bubble was different and only 20/20 hindsight shows which reasons were reasonable and which were silly. (biggerpockets.com)