n7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 14 hours agoEveryday AI looks more like the '08 housing bubblelemmy.caexternal-linkmessage-square95fedilinkarrow-up1642arrow-down113
arrow-up1629arrow-down1external-linkEveryday AI looks more like the '08 housing bubblelemmy.can7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 14 hours agomessage-square95fedilink
minus-squareEm Adespoton@lemmy.calinkfedilinkEnglisharrow-up65·13 hours agoLooks more like the dot com bubble to me. Is it just me, or are the bubbles coming closer together these days?
minus-squareMonkderVierte@lemmy.ziplinkfedilinkEnglisharrow-up1·4 hours agoGlobal economy has inflation since what, middle of the last century? Since slavery and colonies stopped being a thing?
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up35arrow-down2·13 hours agoYes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up19·11 hours agoThe amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up10·11 hours agoNonsense. We can print an unlimited amount of dollars.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up5·5 hours agoThat sure sounds like “to save the economy, we need to destroy the economy”.
minus-squareeatCasserole@lemmy.worldlinkfedilinkEnglisharrow-up12·11 hours agoWell if they want to devalue the US dollar…that’ll do it.
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up12·11 hours agoLast time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
minus-squareDominusOfMegadeus@sh.itjust.workslinkfedilinkEnglisharrow-up7arrow-down1·12 hours agoLike tax paying individuals
minus-squarearchitect@thelemmy.clublinkfedilinkEnglisharrow-up1·9 hours agoYep so now when it hits it’s going to be really bad.
Looks more like the dot com bubble to me.
Is it just me, or are the bubbles coming closer together these days?
Global economy has inflation since what, middle of the last century? Since slavery and colonies stopped being a thing?
Yes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
The amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
Nonsense. We can print an unlimited amount of dollars.
That sure sounds like “to save the economy, we need to destroy the economy”.
Well if they want to devalue the US dollar…that’ll do it.
Last time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
Like tax paying individuals
Yep so now when it hits it’s going to be really bad.