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.
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.
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.