The 1920s experienced a massive technological boom with RCA (radio) and General Motors (automobiles) that led to extremely high valuations, yet it took 20 years for RCA stock to recover to 1930s highs, demonstrating that even with genuine technological progress, bubbles require decades to work off.
factualpending
Speaker
Mel MadisonEvidence Quote
“there was a vast technological boom going on in the 20s. RCA was one of the hottest companies with radio... it took you know 20 years for RCA stock to get back to the highs that it that it gotten in in the 30s.”
Source
Asset Bubble Crescendo Until 2027 Collapse When U.S. Treasury Market Implodes, Argues Mel Mattison— Forward GuidanceCreated: 8/12/2026, 6:43:41 PM
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