Nov-08
23
Hudson |
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There is something to what you say, but I’d argue that if you were in the tech sector in 2000-2002 the results were much worse. Most other sectors weren’t hammered like the tech sector and the bulk of the problems were concentrated into a very small portion of the market.
The results? Employment for EEs tanked by over 25%. By that measure, what happened in 2000-2002 was a Great Depression for most techies, and we still haven’t fully recovered there.