Why 2021 is Nothing Like 2000 or 2008

TREND #1:






Human beings have a hard-wired “availability-bias.” Reflexively, we see every major challenge through the lens of the previous challenges we’ve personally faced. For Xers and Millennials, there’s an inevitable fear that the next crisis will be a repeat of the 2008-to-2009 sub-prime crisis. For Boomers, the subprime crisis is familiar, but clearly not as “relevant” as the Dot-Com crash of 2000.

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