[pistle]

"It's different this time."

Said every time.

Of course the details of the crashing waves are different, but the tide is the same every time.

[tomjen3]

Yes it is said every time, until the last time when the rules really are different - one early summer when there really will be no more war in Europe, one cold november night when the Berlin Wall just opens, one fall when a scrappy little upstart in a colony forces the worlds biggest empire to leave, one december when Ireland was free, etc.

Predictions about the future are hard.

[draw_down]

Actually what people are constantly saying now is what you posted. It's to the point where if you suppose that everything is not an exact recurrence of the dot-com bust, you're seen as delusional. But everything can't be exactly the same as it was then.