Post #1439080
2026-04-19 13:44 UTC
Waiting for the "waiting for ai bubble to pop" bubble to pop at this point.
Replies (1)
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@CosmoNova@lemmy.world 2026-04-20 06:48
It‘s funny. The people who betted against the housing bubble knew 2006 would be the year where none of this was sustainable anymore. The bubble burst in 2008 and they had to take several loans to finance their bet. Despite it being obvious to us now and a few insiders back then, that bet was highly risky because you never know who might help the market go down a self destructive path for how long. Even when everyone already knows it‘s a bubble they might spend a $trillion more just to keep up the illusion. The government will bail them out anyway, right? So why not take the entire economy down with them?