• scytale@piefed.zip
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    5 days ago

    That’s what happens when your future outlook is measured in quarters. It doesn’t matter if it collapses in a year or so, as long as the next earnings call produces bigger numbers than the last. By the time it collapses, they get fired with golden parachutes anyway.

    • IronBird@lemmy.world
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      4 days ago

      kind of a combination of 2000, 2008, and 2020 sprinkled together at this point.

      fraud bubbles (that always happen under republicans…fancy that) always pop the hardest

      • Rhaedas@fedia.io
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        4 days ago

        The difference is that there isn’t a single bubble right now, there’s a frothy mess. Some bubbles may pop more than others, but they are connected.

        • IronBird@lemmy.world
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          4 days ago

          with how over-leveraged US markets are the fraud+debt bubble pretty much ends up connecting everything together, add on a nationwide reccesion according to all state-level data…right now we’re basically just waiting for the music to stop. for the consumer to run out of discretionary spending and start tighening their budgets/declaring bankruptcy.

          is why you see all these predatory lending/credit line advertising, anyone actually paying attention knows what is about to happen so they’re offering desperate people rope to hang themselves with

  • CubitOom@infosec.pub
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    4 days ago

    Returns don’t increas stock value.

    Profit doesn’t increase stock value.

    Only buying stocks increases stock value.

  • atro_city@fedia.io
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    4 days ago

    Can’t wait for the bubble to pop. We can only hope that it won’t catch everybody offguard and fuck people’s pensions up.

  • HubertManne@piefed.social
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    4 days ago

    Its part of the development. They keep going untill the ai is smart enough to take over and stop wasting so much on ai.