Of course it will crash eventually. It will recover and rinse repeat the bs all over again. Had a coworker who all he did was talk about stocks and how everyday someone said the market cant sustain this massive growth but it did for years until covid happened.
When it does it Just would be nice if it took the dbags who made housing prices go up 3x with it.
Normally maybe, but Peter Thiel has supported getting rid of the federal reserve for a very long time. Honestly wouldn’t put it past him to intentionally try to crash the stock market. I find the timing of the rushed preliminary approval of his new bank this week very odd. I don’t think this is another 2008.
Realistically, the best case scenario is this is somewhere between 1930 and 2008, but skewing much closer to 1930. Worst case is it could be worse than 1930 bc the people running the government into the ground (and intentionally crashing the market with these terrible AI investments) don’t want it to recover, they want to destroy it and replace it with their own system which they fully control.
I honestly wonder if the majority of these data centers being built are simply gigantic crypto mining factories, and AI was kind of a red herring the entire time.
sounds really possible given the status of the administration actively choosing to make things worst.
It’s totally crypto. This timeline is full of scam and scum.
but Peter Thiel has supported getting rid of the federal reserve for a very long time.
What? That’s insane because that is not even possible, unless USA wants to give up on having it’s own currency!
He opposes centralized banking, and wants to replace it with cryptocurrency. Hence why he’s opening the first U.S. crypto bank.
However, as always, if he succeeds it seems the most likely outcome is the U.S. economy is just centralized through the first bank of Peter Thiel.
It’s his typical B.S. hidden under the guise of libertarian beliefs. It’s not ok for the government to do it, but it’s somehow ok bc it’s his corporation not the government.
It’s “libertarian” despite there being no chance of competition bc he also completely controls the market and the government. I guess if you also had his wealth and connections, you could easily just ask your friend the president to get your cryptobank approved too.
So, Thiel gets to control everything and everyone, and in return we get no public accountability or protection. Sweet.
It’s not ok for the government to do it, but it’s somehow ok bc it’s his corporation not the government.
That’s the typical mindset of a super-capitalist. They are batshit insane, thinking money has more rights than people.
It’s also how oligarchs have managed to convince people that supporting their policy = supporting libertarian policy.
Step 1: The government is inefficient. It should be run like a business.
Step 2: The government should be of the people, by the people, for the people. SCOTUS has the brilliant realization in 2010 that corporations are people too.
Step 3: Government interference into people’s lives should be limited = any government regulations on businesses impede freedom and progress.
Step 4: Government of the corporations, by the corporations, for the corporations. Corporations control the market, manipulate laws to eliminate competition, and collect our tax money but cannot be regulated or held accountable by the people.
Step 5: Peter Thiel warns the Antichrist will actually look like big government regulations on the economy, surveillance, and AI tech. If we allow these regulations, an authoritarian government is inevitable. Coincidentally, Thiel just happens to dominate the “free” market, and has used the government ties he purchased to establish his businesses, secure government contracts, and eliminate competition.
However, an authoritarian nightmare dystopia with inescapable big brother surveillance can’t be authoritarian because he’s a private business owner who hates “big government.” He just happens to have big government contracts.
well considering that Thiel is insane, this tracks. This is a man that A. believes in the Anti-Christ and B. is convinced said Anti-Christ will be returning any day now and C. it all relates to the tech industry.
Peter has a bank?
Palmer Luckey’s Peter Thiel-backed crypto bank clears a key regulatory hurdle
Just received preliminary approval 2 days ago
🤣🤣🤣
You can’t make it up! 🤡🌎
Does anyone have faith in the markets anymore? The stock market has become nothing more than a tool where the rich get to fiddle with the knobs to knock out more capital at the expense of the rest of the citizenry.
That’s what it’s always been.
They’ve predicted the last 21 out of 4 crashes.
No, it should, but they’ll keep it propped up as long as they can, making the inevitable collapse far worse than if they let it happen organically.
When the title is in the form of a question, the answer is no.
Is Buttridge’s law ever wrong?
No.
“Is Trump a dictator?”
Not always “no”
That’s why we don’t see titles asking that.
The stupidest “law” ever put to print, which was immediately disproved.
Honestly, I wouldn’t be surprised if we see the ai bubble pop in the near future. The roundtripping that all the big American tech companies are getting into at this point beggars fucking belief. And in contrast to the .com burst in the early naughties, the infra that will be firesold has a 1-3y depreciation timeline, in contrast to the fiber lines back then, that were measured in decades, so nobody will come out ahead - except for the people who cash out before things tank.
This is not investment advice, just sharing a strategy: I’ve diversified my portfolio by shifting STRONGLY away from US ETFs and securities. I think I only have about 20% total left in that bucket at this point. The side benefit is that I’m actually keeping pace with inflation - on investments anyways.
The AI bubble is being supported by NVIDIA. They’re investing in the majority of the companies that are then buying chips or services from NVIDIA/Partners (that they’ve also invested in).
The demand for the chips is out-pacing the actual product, AI products & services. And the major players in this space are not making money. OpenAI would have to do a 10x minimum price increase to even begin having a chance to start reporting profits.
Unless some serious outside investments come in, some serious sales of AI services and products, or some creative scammy pivot (crypto?), we’re about to live through another market bubble collapse. Unless
I actually just looked up Nvidias historical value and they’ve gone from $100B in 2020 to $4.5T in 2025. They’re apparently worth as much as the US government earns in tax revenue per year. Roughly 15% of the US’s GDP alone. They’re probably not going to fare well when the bubble bursts (if it’s allowed to).
Take a look at the S&P 500, by weight.
https://www.slickcharts.com/sp500
The top 9 companies are tech companies, mostly AI slop (with the possible exception of Broadcom). Those top 9 companies are over 1/3 of the market cap of the S&P. And that doesn’t even count the AI slop companies that are smaller.
When AI crashes, it will give the S&P a 25% haircut… (But don’t necessarily sell! For all I know, it will all double before it takes that haircut.)
None of said companies are exclusively AI companies though. They were profitable companies with established products and services already before the AI boom. That doesn’t mean they’re not potentially overvalued but it also doesn’t mean that market crash makes them go to zero.
Yes, they are all profitable companies with established products. But that part of their business is just a part of their valuation. AI slop is the rest. NVidia is trading at a P/E ratio of over 50. Do you think they can sustain that once people stop buying AI chips?
And those are just the largest companies. There are smaller companies it’s riding the AI bubble which will simply cease to exist soon (along with all the investment in them.)
The NASDAQ dropped something insane, like 80%, when the dotcom bubble crashed. The S&P is different and more diversified, so it won’t crash so hard, but I think 25% is as good a guess as any.
It very well might. Everything is complete shit, and more than it crashing we should be talking about why it might crash.
It’s because these fucking scumbag oligarchs believe they were chosen by God or nature to lead, but they’re incompetent criminal fucks who dumped our money in their pet projects and should be thrown in jail.
They don’t believe that any more than you do; the unwashed masses believe it, which is the point.
Betteridge’s law cannot be applied to questions that don’t yet have an answer.
So you are saying it’s not impossible?
😋“woter u libturds even protesting?”
haha wow
"When you see one cockroach, there are probably more, and so everyone should be forewarned of this one,” JPMorgan CEO Jamie Dimon warned on a call with analysts on Tuesday.
Dimon has always been Wall Street’s most quotable bank boss, chiefly because he says what he thinks and has the ability to shoot straight when he’s minded to.
JP Morgan is big and ugly enough to weather any storm. It is far too big to fail, but it is also far too big to be troubled by a cockroach of a car parts maker.
Shut the fuck up and give us the fucking Epstein Peter Thiel records you fucking cockroach! 🪳
“I was the cockroach all along?”
KONO COCKROACH DA!
No. Printer$ go brrrrrrrrr.
Yes, the rich are taking another bite. They will prop up the market and do it again i. 2-3 months. This can’t last forever.
But the week ended on a decidedly sour note. The prophets of doom have been abroad of late, but until now much of their attention has been focused on America’s giant tech sector and the vast piles of money it is throwing into AI, with little enough to show for it.
What would we ever do without our benevolent overlords!?!
Praise be to God for willing them to lead the huddled masses, and save us from our impulsive instincts that would inevitably lead to poor decision making that fucks over all of society!
Trump administration gives initial approval to bank backed by GOP megadonors
On Wednesday, the Treasury Department’s Office of the Comptroller of the Currency announced that Erebor Bank, the “Lord of the Rings”-named bank co-founded by Luckey and backed in part by Thiel’s venture capital fund, has received conditional approval for a national bank charter. The approval is contingent upon the bank’s applying for stock in a Federal Reserve bank and obtaining deposit insurance from the Federal Deposit Insurance Corporation.
Do the Charmin bears crap on TV?
TL;DR it’s about the FTSE, and the reporting is about lax (read:corrupt) regulatory functions allowing business to rack up billions in debt then declare bankruptcy as a device to make money.
Yup
