Post #2493210
2026-05-09 00:12 UTC
@ramsey@phpc.social @joshsutphin@wandering.shop
When the AI bubble bursts, the CEO's involved in this circular financing fraud want to establish narratives that will forestall congressional investigations & possibly criminal charges.
Wall Street CEO's did similar PR tours in the prelude to the 2008 financial crash. It's successful.
Only half a dozen charges were laid against those irresponsible individuals behind the subprime fiasco.
AI is a money laundering scheme for petrostate despots like 2008 was for oligarchs.
Replies (2)
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@GhostOnTheHalfShell@masto.ai 2026-05-09 00:17
@Npars01@mstdn.social @ramsey@phpc.social @joshsutphin@wandering.shop Yeah, those petro states suddenly have a need for all that money floating around. The banks are now trying to offload all the AI related debt onto I don’t know who.
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@Jimijamflimflam@mstdn.social 2026-05-11 14:52
Jamie Dimon, for example, should still be rotting in jail. @Npars01@mstdn.social