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/

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.

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!).

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.

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!).

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."

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?

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.

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?

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.

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.