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'Canary in the coalmine' for a major Wall Street collapse, analysts warn (www.abc.net.au)
submitted 3 weeks ago by to c/collapse@slrpnk.net
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looks at AI, Silicon Valley and US big tech companies

DRACARYS Ed Zitron!! DRACARYS!!!

a roaring jet of pure fire arcs overhead

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[–] 11 points 3 weeks ago (3 children)

If that debt collapses uninsured that means that anyone who holds an IRA, 401k, or market ETF is a major, catastrophic bagholder. Not something I would cheer on.

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  • [–] [S] 7 points 3 weeks ago* (last edited 3 weeks ago)

    You are right, but while I get real schadenfreude from this I am well aware it is NOWHERE near worth the human cost.

    The thing is I have always treated the possibility/inevitability of this eventuality seriously so I am going to keep laughing while I cry because it helps me.

    Also save your breath for the people who are responsible for this, I never advocated for a single step down the path of this deathcult.

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    • [–] -5 points 3 weeks ago (3 children)

    What monstrosity will we get in 2028 if Democrats win both the House and Senate in midterms, and then continue Trump's Iran War and goes along with a bailout when the AI bubble collapses?

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