Post #3518287
2025-10-31 14:48 UTC
Replies (2)
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@simagick@freeradical.zone 2025-10-31 16:09
@ploum@mamot.fr @rootwyrm@weird.autos @MedeaVanamonde@beige.party @pndc@social.treehouse.systems @cstross@wandering.shop This time around we have musk-ish tech bros who are high on their own shit doing the investing. The market is being propped up on their celebrity image.
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@overeducatedredneck@bitbang.social 2025-10-31 16:34
@ploum@mamot.fr @rootwyrm@weird.autos @MedeaVanamonde@beige.party @pndc@social.treehouse.systems @cstross@wandering.shop my memory of 2008 is that the bubble talk went on for months, possibly as early as 2007. And also that the trigger wasn't the talk, it was Lehman Brothers, and everyone was surprised by the exact timing. There are a lot people motivated to keep this going as long as possible even with the market clearly being a bubble. I think it will pop when an ai company can't find money to make a loan or bill payment, and then all of it will collapse.