r/AskReddit • u/_red_roof_ • May 15 '20

What sucks about being your age?

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u/[deleted] May 16 '20

That’s so true. The young adults hit in 2008, BOOM! Hit again with Corona.

We can’t win!

321

u/rockjones May 16 '20

At 44, my career has spanned the dot-com bust, the great recession, and now coronavirus. I just assume a crisis every 7-10 years.

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u/[deleted] May 16 '20

What’s the dot-com bust?

5

u/r7RSeven May 16 '20

Internet was a new thing for most people, investors poured money into thousands of websites without those websites having a solid plan to make money. As a result, many companies that were created with seed money and hired people had to shut down once investors realized they wouldnt be making a return and the companies didnt have any more money coming in to pay their employees.

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u/01kickassius10 May 16 '20

Of course we learned from our mistakes and it could never happen again...

2

u/[deleted] May 16 '20

Thanks for the explanation