this is just 1 of the many reasons IT has to crash!
baby boomer principle:
As baby boomers have gone through any cycle, they have caused a boom and bust in each...
There are several aspects to this. First (and most obvious) is supply and demand.
The cycle begins with a sudden increase in demand when Boomers discover their new FAVORITE asset class. Because of the weight of money they represent, Boomers inflate an asset bubble with their buying power.
But as the boomers move from asset class to asset class during their lives, they had to sell up each time.
Because of the bulge in demographics, the buying pressure wasn't there to support the asset markets that were being abandoned. The bubble burst each time....
