n7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 4 days agoEveryday AI looks more like the '08 housing bubblelemmy.caimagemessage-square307linkfedilinkarrow-up11.25Karrow-down128cross-posted to: fuck_ai@lemmy.world
arrow-up11.22Karrow-down1imageEveryday AI looks more like the '08 housing bubblelemmy.can7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 4 days agomessage-square307linkfedilinkcross-posted to: fuck_ai@lemmy.world
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up54arrow-down2·4 days agoYes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up26·4 days agoThe amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up16arrow-down1·4 days agoNonsense. We can print an unlimited amount of dollars.
minus-squareeatCasserole@lemmy.worldlinkfedilinkEnglisharrow-up17·4 days agoWell if they want to devalue the US dollar…that’ll do it.
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up18·4 days agoLast time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up8·3 days agoThat sure sounds like “to save the economy, we need to destroy the economy”.
minus-squareDominusOfMegadeus@sh.itjust.workslinkfedilinkEnglisharrow-up7arrow-down1·edit-23 days agoLike onto tax paying individuals
minus-squarearchitect@thelemmy.clublinkfedilinkEnglisharrow-up1·4 days agoYep so now when it hits it’s going to be really bad.
Yes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
The amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
Nonsense. We can print an unlimited amount of dollars.
Well if they want to devalue the US dollar…that’ll do it.
Last time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
That sure sounds like “to save the economy, we need to destroy the economy”.
Like onto tax paying individuals
Yep so now when it hits it’s going to be really bad.