15 points
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16 points
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Last time they said something like this, it was a year before the housing bubble crashed and the world financial markets shit the bed.

Can’t wait to see the new crisis.

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9 points

Wonder how bad would that one go

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6 points

I’m expecting this one will be a lot worse because the last one was stabilized by China buying up a fuck ton of US bonds. Fat chance of China bailing US out this time around. Not only that, but around two thirds of US bonds are held by the Global South, and these countries are now dumping the bonds.

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you what

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apparently it’s just a nickname, literally 1983

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8 points

So, like, what if we just cut the power to the stock market and never turned it back on?

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5 points

I’m trying so hard but I don’t understand what they’re talking about.

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9 points

Basically, the stock market ran on AI hype because people thought that AI would transform the economy somehow. Now the hype is dying down, people are coming back to reality where economy isn’t actually growing and tech stocks aren’t gonna be enough to save it.

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