▲ 521 ▼ Tesla falls 10%, Alphabet sinks 5% as AI spending concerns spook investors (www.cnbc.com) submitted 3 months ago by sanitation@lemmy.today to c/technology@lemmy.world 74 comments fedilink hide all child comments
[+] fodor@lemmy.zip 29 points 3 months ago (3 children) [deleted] permalink fedilink source parent hideshow 3 child comments replies: [–] chuckleslord@lemmy.world 8 points 3 months ago (2 children) Best case scenario is a slow bleed until a Fed chair from the next admin is appointed, and they're a strong Keynesian or better. Worst case is the crash coming at any point during this admin (including election fuckery, preventing transition of power). That'll be the whole house of cards. permalink fedilink source parent hideshow 2 child comments replies: [–] SpacetimeMachine@lemmy.world 16 points 3 months ago (1 child) I could also see it being better if it happens during this admin. My fellow citizens seem stupid enough that if a major crash happens during a Democrat lead administration they would immediately blame it on them and then vote Republican next time no matter what. permalink fedilink source parent hideshow 1 child comment replies: [–] chuckleslord@lemmy.world 4 points 3 months ago To clarify, I was speaking of the immediate economic fallout. I partially agree on the "party holding the hot potato losses elections when it goes off" but wasn't the angle I was talking in permalink fedilink source parent
[–] chuckleslord@lemmy.world 8 points 3 months ago (2 children) Best case scenario is a slow bleed until a Fed chair from the next admin is appointed, and they're a strong Keynesian or better. Worst case is the crash coming at any point during this admin (including election fuckery, preventing transition of power). That'll be the whole house of cards. permalink fedilink source parent hideshow 2 child comments replies: [–] SpacetimeMachine@lemmy.world 16 points 3 months ago (1 child) I could also see it being better if it happens during this admin. My fellow citizens seem stupid enough that if a major crash happens during a Democrat lead administration they would immediately blame it on them and then vote Republican next time no matter what. permalink fedilink source parent hideshow 1 child comment replies: [–] chuckleslord@lemmy.world 4 points 3 months ago To clarify, I was speaking of the immediate economic fallout. I partially agree on the "party holding the hot potato losses elections when it goes off" but wasn't the angle I was talking in permalink fedilink source parent
[–] SpacetimeMachine@lemmy.world 16 points 3 months ago (1 child) I could also see it being better if it happens during this admin. My fellow citizens seem stupid enough that if a major crash happens during a Democrat lead administration they would immediately blame it on them and then vote Republican next time no matter what. permalink fedilink source parent hideshow 1 child comment replies: [–] chuckleslord@lemmy.world 4 points 3 months ago To clarify, I was speaking of the immediate economic fallout. I partially agree on the "party holding the hot potato losses elections when it goes off" but wasn't the angle I was talking in permalink fedilink source parent
[–] chuckleslord@lemmy.world 4 points 3 months ago To clarify, I was speaking of the immediate economic fallout. I partially agree on the "party holding the hot potato losses elections when it goes off" but wasn't the angle I was talking in permalink fedilink source parent