this post was submitted on 17 Apr 2022
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Memes

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Bad News People... (midwest.social)
submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
 
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[–] [email protected] 2 points 2 years ago (1 children)

Intersting how media tryies to kill something with lame arguments.

[–] [email protected] 1 points 2 years ago

Yeah, what kind of studies were they!

[–] [email protected] 2 points 2 years ago (1 children)

Wasn't there an Internet bubble breakage (or however it is called) right on those days?

[–] [email protected] 3 points 2 years ago* (last edited 2 years ago)

Yes, but that was purely the investors' and speculators' fault. They invested heavily in online companies and, as it usually happens in capitalism, when certain economic factors changed (rumors about failed mergers, Japan's recession etc), their stocks were devaluated and the companies defaulted.

The userbase wasn't really affected, though.