▲ 1206 ▼ Everyday AI looks more like the '08 housing bubble (lemmy.ca) submitted 1 year ago by n7gifmdn@lemmy.ca to c/technology@lemmy.world 300 comments fedilink hide all child comments
[+] Octavio@lemmy.world 34 points 1 year ago (3 children) [deleted] permalink fedilink source hideshow 3 child comments replies: [–] mistermodal@lemmy.ml 8 points 1 year ago The entire US economy has been running off of an asset megabubble that demands global dollar recycling via Wall St. and property for decades now. This is much worse than 2008 as there is no cushioning. We will see what 20+ of doubling down looks like in the end. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 2 points 1 year ago (1 child) Houses have value: you can live in them. Yet there was a housing bubble. Was? permalink fedilink source parent hideshow 1 child comment load more comments (1 reply)
[–] mistermodal@lemmy.ml 8 points 1 year ago The entire US economy has been running off of an asset megabubble that demands global dollar recycling via Wall St. and property for decades now. This is much worse than 2008 as there is no cushioning. We will see what 20+ of doubling down looks like in the end. permalink fedilink source parent
[–] UltraGiGaGigantic@lemmy.ml 2 points 1 year ago (1 child) Houses have value: you can live in them. Yet there was a housing bubble. Was? permalink fedilink source parent hideshow 1 child comment load more comments (1 reply)
