Heh, I think the same thing every time this topic comes up here on HN.
I don't think it's just the young though. I think a lot of people have forgotten how bad things can get. The last real recession was in the early 90's for most. Unless you were heavy into tech stocks or worked in the industry, the only thing that you noticed about the dot com boom was the superbowl commercials.
It's amazing how people believe that things will stay the same forever. When we're booming, it will always be that way, when it's bust, life will never get better.
I for one am looking to profit as much as possible on people's ignorance, but I know that won't be easy when I'm having to make my own cut backs.
I don't think it's just the young though. I think a lot of people have forgotten how bad things can get. The last real recession was in the early 90's for most. Unless you were heavy into tech stocks or worked in the industry, the only thing that you noticed about the dot com boom was the superbowl commercials.
It's amazing how people believe that things will stay the same forever. When we're booming, it will always be that way, when it's bust, life will never get better.
I for one am looking to profit as much as possible on people's ignorance, but I know that won't be easy when I'm having to make my own cut backs.