I don't remember the world ending in 1991. There have been Booms and Busts since this country was founded and we survived...
Just remember, this thing is only just getting started. And if you remember, real estate prices took a big hit back then.
" There have been Booms and Busts since this country was founded and we survived... "
Unless you are substantially older than I am (statistically possible, I guess) *we* haven't *survived* any kind of "Bust"....
*They* (our predecessors) survived because they lived in an agrarian/manual-labor economy, and had some ability to fend for themselves...
It remains to be seen whether "we", having grown up with the newfangled "information economy" and nanny-state government will be able to do the same....
I, personally, have my doubts....