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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

The stock market is on essentially a tech meth high at the moment. Once this data center/ai/hpc thing bursts in value and tariffs are felt more, we are looking at hard times. [/quote]

Dear god that is an amazing line- Tech Meth High.  Love it.[/quote]

And true to a limited extent but not true overall.

data center and AI are not the same and should not be lumped together.  Unlikely to burst as you say anytime soon.  tariffs are not being felt in the economy.  [/quote]

What’s that based on? Your subjective opinion? You know it usually just takes a tipping point in overall consumer confidence for market panic to set it in and the economy to act on animal spirits and just cause a mass market sell off?

Also, “Tariffs haven’t been felt in the economy?” What? You are so ensconced in the right wing news ecosphere that you can’t picture anything but up.

Tell that to the US farmers who can’t sell any soy beans because we’ve lost that entire market share to Brazil and argen fking Tina (who we just bailed out for $20bn because Milei crashed their economy), and those supply chains aren’t coming back. Talk to fames without workers. Talk to small businesses failing because they can’t import what they need to sell.

All this economic pain is in the mail. Stocks are going up because the dollar is falling. We have to cut rates now because things are getting really fked up. I’m sorry Newsmax is telling you all is okay. Why is gold at record highs? Does that seem fine to you? It’s all going to burst and you will feel like a fool when you’re portfolio of VTSAX or all domestic stocks loses 50% and you need that money soon for your retirement.

I mean truthfully you’ll blame it on other things anyway (“rates weren’t cut soon enough!!!” Etc) rather than the direct causes which are obvious to people who can reason and aren’t lemmings.[/quote]

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