In 1998, it was the peak of the tech boom, companies were being created as shells and the whole thing was propped up on funny money. The crash only came years later but at the time you had money being thrown at every thing that had to do with tech.

However this time, we've got over 7 trillion that's been artificially pumped into the market, without labour to justify it. It continues to rise, markets still going up, but that's probably momentum.

They've been lying about the employment numbers for a while, and the funds have been working on these numbers...

We saw today that a Bitcoin treasury company was sold, and I think as soon as it starts to choke, it will collapse on itself.

Remember, in 2008, they all cooked the books for as long as possible before they couldn't anymore. So when it should have crashed it did not, because the bankers just acted for two months like everything was normal and fine, then one of the longest running banks in the USA declared bankruptcy and the rest was history

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Ah yeah i forgot the huge tech bubble, but this time its the everything bubble.

I saw SMLR been bought as mNAV <1...

Yeah well because there's no revenue or net asset value other than it's "reserves" which fluctuates.

Would be interested in a Damodaran valuation of these treasury companies

Yeah it's stocks, bonds, cryptos and property.

Going to be wide spread, but also makes complete sense when you look at the gold chart since 2022...