Post #4103869
2026-07-25 21:37 UTC
@pezmico@mastodon.nz All we need to do is pause and let the markets do the rest. The bubble is bound to pop in the near future, and then everyone can agree that it was a monumentally stupid idea.
Replies (1)
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@jeremy_pm@mastodon.nz 2026-07-25 23:36
@phil_stevens@mastodon.nz @pezmico@mastodon.nz True, the Ai boom is largely being funded by Gulf oil profits that due to the now struggling US petrodollar deal all gulf oil profits have to be invested in either US treasury bonds or in US stocks. Due to Trump’s failing illegal war on Iran those oil profits are no longer being made to be invested. Give it a few weeks/months and watch the entire thing collapse.