Roaring 20s 2.0

I’ve been seeing a lot of people on Twitter calling this the Roaring 20s 2.0. I had a big holy crap moment when I heard that for the first time. The parallels are uncanny.

Yes, COVID-19 and modern technology will pale in comparison to the Spanish Flu. And yes, there was no World War, but there has been no shortage of turmoil in the country over the last few years.

The first year of the 2020s started with a global pandemic not seen in well over 100 years, and it ended with the stock market ripping reaching new all-time highs.

Bitcoin has just crossed $21,000 for the first time and seemingly no IPO can go wrong in this market. The only question is how long can this last?

My favorite bar in New York City, Finnerty’s has a for lease sign on it’s door. Restaurants are closing at alarming rates. There are millions out of work and struggling because of the pandemic.

The tech and white collar world that myself and my friends live in is a world’s away from what’s happening in the rest of America. We stand to benefit the most from this boom, but I can’t help but think of the struggle happening elsewhere.

We live in a bit of a fantasy world right now. Things seem almost unreal. I want to enjoy it as much as I can, but I also know that reality can hit us hard and quick.

The Roaring 20s 1.0 officially ended on Black Tuesday in 1929 launching America into the Great Depression. That depression lasted until World War II began in 1941.

I do hope we see a decade of the Roaring 20s 2.0. I dear god hope we don’t see a decade of the Great Depression 2.0. I remain cautiously optimistic, but history has a weird way of repeating itself.