8 points

I thought we were already in a recession 🥲

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15 points

They used to call this the Boom/Bust Cycle of Capitalism. But then economists rebranded it as “the Business Cycle” to downplay how accurately Marx described the Boom / Bust Cycle of Capitalism.

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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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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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you what

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apparently it’s just a nickname, literally 1983

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