Hacker News Reader

No. The world doesn't end when overvalued companies go through corrections or failures. It may seem that way for some people and for some time, but whole economies do not just stop working. And really, we're talking about Twitter and Facebook here, not Enron and Bear Sterns.

View on HN

> The world doesn't end when overvalued companies go through corrections or failures.

Nobody said anything about the "world ending".

And a few overvalued companies "getting through corrections or failures" has different effects than a whole lot of overvalued companies getting through corrections or failures. The second case is called a "bubble burst".

Reply on news.ycombinator.com