Hacker News new | ask | show | jobs
by PaulHoule 357 days ago
This analysis is about the oil industry, what's true about the oil industry may or not be true about some other industry.
1 comments

Other industries don't have the same boom bust cycle. You could argue that tech does, but there it is always a different tech each time that is driving it. Without O/G it is always the same basic reason behind it - a massive time lag between demand changes and supply responses.