Reply to post: Re: Who bought this shiny new IPO?

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

jake Silver badge

Re: Who bought this shiny new IPO?

The US market is going to collapse, obviously. It is vastly over valued. But then so is that of the rest of the planet. I don't know which major market is going to cave first, but there will be a domino effect. The rest will follow. It's inevitable.

The only question remaining (in my mind, anyway) is how long it'll take to recover. Twelve months to four years is my guess. Shorter if getting crops to market are OK, longer if producing and shipping food becomes more of an issue.

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