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asr comments on Peter Thiel warns of upcoming (and current) stagnation - Less Wrong Discussion
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I'm not sure that one per decade is unusually many. The US had a lot of bubbles in the 19th century -- canal bubbles, real estate bubbles, railroad bubbles, etc. In all these cases (as with today), there was a real innovation underneath, that bedazzled investors into funding instances of it that didn't make sense.