@capriciousday@mastodon.social
Post #4121364
2026-07-26 20:13 UTC
@datarama@hachyderm.io @cstross@wandering.shop @jplebreton@mastodon.social @petealexharris@mastodon.scot too much money has been invested in the genie to give up now.
what's that called again? The sunk cost... smart people thing to do?
Replies (1)
-
@cstross@wandering.shop 2026-07-26 20:16
@capriciousday@mastodon.social @datarama@hachyderm.io @jplebreton@mastodon.social @petealexharris@mastodon.scot There's so much credit cycling through this glorified ponzi scheme that if the bubble bursts it'll take the US finance sector down with it. (The FAANGs allegedly have a $1.6Tn hole in their accounts due to circular investments.) And the UK can't be far behind.