When the title is in the form of a question, the answer is no.
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.
Might I suggest EUAD for the anti-Russia play?
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.
Betteridge’s law cannot be applied to questions that don’t yet have an answer.
The stupidest “law” ever put to print, which was immediately disproved.
Is Buttridge’s law ever wrong?
No.
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 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!
“woter u libturds even protesting?”
haha wow
So you are saying it’s not impossible?
😋
They’ve predicted the last 21 out of 4 crashes.
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.
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.
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
