Media reports argue that the AI bubble in China is already bursting, with AI stocks losing nearly half a trillion in the past few months.
  • corsicanguppy@lemmy.caEnglish
    32·
    4 days ago

    This is how they win: everyone’s gonna pop, but their iron fist over the banks will prevent an absolute bust.

    We haven’t learned from fanny-mae and we’re gonna get soundly fucked.

    • takeda@lemmy.dbzer0.comEnglish
      3·
      3 days ago

      We learned, we put mechanisms in place. We got people in power that actually wants this to happen so they steal even more wealth from us.

      I think there should be no bailouts.