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[–] 7 points 1 year ago

The combination of two bubbles - overindebtness and banking overextending on loans, mainly via unregulated second-hand car loaning companies AND the AI one - blowing at the same time (or one blowing and causing the other to also blow as a consequence) is the really scary stuff:

It would basically be a smaller version of the 2008 Finance Industry Crash TOGETHER with a larger version of the 2000 Tech Crash.

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