The catalyst for the 2000 dotcom crash wasn't startup excess (which definitely contributed) but the actual straw that broke the camel's back was the US Government's antitrust case against Microsoft. This is an echo of that - and I'm telling you now - Winter is Coming.
Everything is going to go down, war is going to be used to 'restart' the economy, and then everything is going to be different forever. https://cnn.com/2023/09/26/tech/ftc-sues-amazon-antitrust-monopoly-case/index.html
You've been warned. What can you do to prepare? Get ready to get by with a lot less for a while and then steel yourselves for the largest transfer of wealth in the history of the world. It's coming.