Hacker News new | ask | show | jobs
by TulliusCicero 3378 days ago
The dot com crash was big for the stock market and for the tech industry, but it wasn't a really big recession; it barely touched economic fundamentals, just look at GDP.

Personally I doubt the next recession/slowdown will be anywhere near as big as 08, but I guess we'll see.
1 comments
Arizhel 3378 days ago
We always have recessions when there's Republicans in power (I'm not sure why voters haven't figured this one out yet); there was one with Reagan, one with Bush I, one with Bush II, etc. Trump and the current crop of Republicans are advocating very extreme changes (namely trade restrictions), so I think we're likely to have a more extreme recession because of this.
link