ByteOnBikes@discuss.online to AntiTrumpAlliance@lemmy.worldEnglish · 5 days agoEggs are still double from last year. Gas is still rising. I paid $3 for $1.25 cookie mix.discuss.onlineimagemessage-square214linkfedilinkarrow-up1819arrow-down115
arrow-up1804arrow-down1imageEggs are still double from last year. Gas is still rising. I paid $3 for $1.25 cookie mix.discuss.onlineByteOnBikes@discuss.online to AntiTrumpAlliance@lemmy.worldEnglish · 5 days agomessage-square214linkfedilink
minus-squareBaguette@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up16·4 days agoHalf of the record high stock market is because the dollar value has gone to all time lows, so it looks good only for usd. The other half is because the stock market is based on vibes and doesn’t actually follow any pattern
minus-squareJhex@lemmy.worldlinkfedilinkEnglisharrow-up7·4 days agoand the AI bubble which, once popped, will bring down the US economy twice as hard as the 2008 housing crisis did
minus-squarebss03@infosec.publinkfedilinkEnglisharrow-up5·4 days agoIn USD amounts, it’s 4 times the size of the mortgage bubble and 15 times the size of the dot-bomb. Or, so I’ve heard.
minus-squareToastedPlanet@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up3arrow-down1·4 days ago Let’s start with the boldest claim first — it’s that AI is not just in a bubble, but one 17 times the size of the dot-com bubble, and even four times bigger than the 2008 global real-estate bubble. source
Half of the record high stock market is because the dollar value has gone to all time lows, so it looks good only for usd.
The other half is because the stock market is based on vibes and doesn’t actually follow any pattern
and the AI bubble which, once popped, will bring down the US economy twice as hard as the 2008 housing crisis did
In USD amounts, it’s 4 times the size of the mortgage bubble and 15 times the size of the dot-bomb. Or, so I’ve heard.
source