It's truly bizarre for there to be widespread hope and excitement for a bubble burst. It's arguably stupid, and I'm one of the stupid people because I find myself hoping for it too.
ETA: I also guess I sort of hope for it because this whole cycle has felt so incredibly irrational that I desire a small return to sanity, even if it comes at the cost of some of my retirement.
The insane spending has effectively been acting as a nationwide stimulus for construction, the trades, hardware feeders, electronics companies, energy companies and then the downstream effects of the affluent class ("The 25%") spending more as they see their investments grow.
The economy is a net, not a whack-a-mole.
I also believe that a lot of the hype has been unrealistic, so IF there is a bubble and IF it is bursting, I'd hope it to be a wake up call and give investors, companies, and regular people more realistic expectations about what we're working with here.
They hope there's a phoenix-like resurrection and they'll be the winners. That might be gamers hoping for cheap graphics cards, young families hoping for lower housing prices or just job seeker hoping AI won't pull the ladder up before they retire. Some just want AI bros getting taken down a peg. So that you didn't miss out on the craze (like crypto.)
Personally, I don't think a bubble burst will be much fun, but hey.
Agreed, but if there is a bubble, then bursting sooner rather than later is probably the better outcome.
> Many people are tired of watching the world slowly getting worse
It does seem like in the past 10-15 years the timeline has gone pretty dark.