Jim Cramer: To understand this year's vile market, study the dot-com crash of 2000

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Jim Cramer: To understand this year's vile market, study the dot-com crash of 2000
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This year's first-half wipeout was substantial and all-encompassing. To understand where we go from here, it's instructive to look back at the dot-com bust.

Forty years is an awfully long time. Yet that's how much time has passed since we have had an abomination like this first half of the year. Almost everything went down. Your stocks went down. Your bonds went down. Your house went down. Your crypto went down. The only thing that didn't go down were the prices you paid for things, especially oil. This disaster didn't happen in an instant.

Forty years is an awfully long time. Yet that's how much time has passed since we have had an abomination like this first half of the year. Almost everything went down. Your stocks went down. Your bonds went down. Your house went down. Your crypto went down.

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