Does anyone else believe the impending financial crash will be bigger than 2008-2009?

Anonymous
Anonymous wrote:
Anonymous wrote:The US is a third world country now, and maybe you're on the tail end of the spiral, or maybe you will be one of the very very few people living in a gated compound with the slums creeping up to your walls. Your odds aren't good, though.

No economy has ever survived this level of wealth inequality and speculation based on air. Your portfolio is a fantasy. We're going down. Whether it looks like 18th century France or 17th century Holland or god help us 21st century Syria, only time will tell. My bet is on Weimar Germany.


This of course is horseshit. None of those situations in any way resemble present times. There is little speculation in this market at the moment. Wealth inequality is an issue but not a dire one in the short to medium term. Economy is quite solid. What is not solid is the political situation which is making people lose their minds.


I don't think our farmers agree that the economy is "quite solid."
Anonymous
Anonymous wrote:
Anonymous wrote:She didn't commit mortgage fraud. https://www.nytimes.com/2025/09/13/business/lisa-cook-mortgage-fed-trump.html



Yeah. NY Times. Please.

She committed mortgage fraud.


Actually, she didn't.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:She didn't commit mortgage fraud. https://www.nytimes.com/2025/09/13/business/lisa-cook-mortgage-fed-trump.html



Yeah. NY Times. Please.

She committed mortgage fraud.

This is the biggest problem in the US now. We all used to get the same news and form our opinions based on it. Now we can be in our own echo chambers and automatically dismiss another publication, regardless of the truthfulness of the story. How do you counter somebody’s argument if they won’t even entertain the proof being provided on the other side?


Entertaining it would require reading it first -- so the problem actually is worse than you say.
Anonymous
I don't know about a crash. I'm expecting more of a slide into the 1970s muck of stagnant growth, stubborn inflation and a labor market where available jobs did not align with the skills/locations of the un/underemployed.

Tech and financial companies will consolidate and the winners will leverage AI to slash labor costs, monopolize markets and accumulate trillions in value.

The 5% at the top will note that they never have had it better (true!).
Anonymous
I mean what could go wrong with the stock
Market? Nothing. We are doing great.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:She didn't commit mortgage fraud. https://www.nytimes.com/2025/09/13/business/lisa-cook-mortgage-fed-trump.html



Yeah. NY Times. Please.

She committed mortgage fraud.

This is the biggest problem in the US now. We all used to get the same news and form our opinions based on it. Now we can be in our own echo chambers and automatically dismiss another publication, regardless of the truthfulness of the story. How do you counter somebody’s argument if they won’t even entertain the proof being provided on the other side?


Entertaining it would require reading it first -- so the problem actually is worse than you say.


I also we all overestimate how important a good logical and sound argument is to the average person. Most people are convinced by emotional and social reasons as much as logic, ifnot more.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:She didn't commit mortgage fraud. https://www.nytimes.com/2025/09/13/business/lisa-cook-mortgage-fed-trump.html



Yeah. NY Times. Please.

She committed mortgage fraud.

This is the biggest problem in the US now. We all used to get the same news and form our opinions based on it. Now we can be in our own echo chambers and automatically dismiss another publication, regardless of the truthfulness of the story. How do you counter somebody’s argument if they won’t even entertain the proof being provided on the other side?

And instead they take truth social and fox and Carolyn l as verbatim without even bothering to see they have lies or no facts. Fox is parroting her claim today that Trump has brought in more foreign investment than our entire gdp!?!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The US is a third world country now, and maybe you're on the tail end of the spiral, or maybe you will be one of the very very few people living in a gated compound with the slums creeping up to your walls. Your odds aren't good, though.

No economy has ever survived this level of wealth inequality and speculation based on air. Your portfolio is a fantasy. We're going down. Whether it looks like 18th century France or 17th century Holland or god help us 21st century Syria, only time will tell. My bet is on Weimar Germany.


This of course is horseshit. None of those situations in any way resemble present times. There is little speculation in this market at the moment. Wealth inequality is an issue but not a dire one in the short to medium term. Economy is quite solid. What is not solid is the political situation which is making people lose their minds.


I don't think our farmers agree that the economy is "quite solid."


Farm numbers are quite good and profits are fat right now if you are not selling to China. All farmers do not rise and fall at the same time.
Anonymous
Anonymous wrote:I don't know about a crash. I'm expecting more of a slide into the 1970s muck of stagnant growth, stubborn inflation and a labor market where available jobs did not align with the skills/locations of the un/underemployed.

Tech and financial companies will consolidate and the winners will leverage AI to slash labor costs, monopolize markets and accumulate trillions in value.

The 5% at the top will note that they never have had it better (true!).


If you said the top 80% I would agree with you.

There is nothing out there that suggests a 1970s repeat. You are making the up the same as the gold guy.
Anonymous
For DC, absolutely. We just temporarily plateaued, but the real estate market is going down hard this time. I’m sad. I love this city.
Anonymous
Anonymous wrote:For DC, absolutely. We just temporarily plateaued, but the real estate market is going down hard this time. I’m sad. I love this city.


How will it affect stocks?
Anonymous
Bump.
Anonymous
Anonymous wrote:I don't know about a crash. I'm expecting more of a slide into the 1970s muck of stagnant growth, stubborn inflation and a labor market where available jobs did not align with the skills/locations of the un/underemployed.

Tech and financial companies will consolidate and the winners will leverage AI to slash labor costs, monopolize markets and accumulate trillions in value.

The 5% at the top will note that they never have had it better (true!).


The labor market impacts are hitting now.

https://bsky.app/profile/atrupar.com/post/3m257r33ooa2d

Disagree about the AI savings- that bubble is months away from bursting. Gonna be a wild ride folks.
Anonymous
Anonymous wrote:
Anonymous wrote:I don't know about a crash. I'm expecting more of a slide into the 1970s muck of stagnant growth, stubborn inflation and a labor market where available jobs did not align with the skills/locations of the un/underemployed.

Tech and financial companies will consolidate and the winners will leverage AI to slash labor costs, monopolize markets and accumulate trillions in value.

The 5% at the top will note that they never have had it better (true!).


The labor market impacts are hitting now.

https://bsky.app/profile/atrupar.com/post/3m257r33ooa2d

Disagree about the AI savings- that bubble is months away from bursting. Gonna be a wild ride folks.


+1 All these companies' super-inflated numbers are based on best-case scenarios about savings and productivity boosts they're sure to see soon from the huge amount of money they've sunk into AI, and in 95% of cases it doesn't provide any measurable financial benefit at all. https://fortune.com/2025/08/18/mit-report-95-percent-generative-ai-pilots-at-companies-failing-cfo/
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I don't know about a crash. I'm expecting more of a slide into the 1970s muck of stagnant growth, stubborn inflation and a labor market where available jobs did not align with the skills/locations of the un/underemployed.

Tech and financial companies will consolidate and the winners will leverage AI to slash labor costs, monopolize markets and accumulate trillions in value.

The 5% at the top will note that they never have had it better (true!).


The labor market impacts are hitting now.

https://bsky.app/profile/atrupar.com/post/3m257r33ooa2d

Disagree about the AI savings- that bubble is months away from bursting. Gonna be a wild ride folks.


+1 All these companies' super-inflated numbers are based on best-case scenarios about savings and productivity boosts they're sure to see soon from the huge amount of money they've sunk into AI, and in 95% of cases it doesn't provide any measurable financial benefit at all. https://fortune.com/2025/08/18/mit-report-95-percent-generative-ai-pilots-at-companies-failing-cfo/


Also a physical and monetary impossibility to build what these companies have said they are going to build.

https://www.wheresyoured.at/openai-onetrillion/

The way this has played out with these fake future contracts pumping up the stock values of Nvidia, Oracle, and a few others, cycling around from one to the other, is just crazy. The top of the market will see massive corrections.
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