- cross-posted to:
- technology@piefed.social
- cross-posted to:
- technology@piefed.social
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they are salivating over their upcoming bailout
It’s the stocks at a discount they’re after.
With the collapse of the petrodollar can America even afford to?
The public will pay for it
What if it’s so expensive no one buys the bonds for the debt?
quantitative easing, the Fed buys the bonds.
illegal taxes,illegal tariffs, illegally slash agencies he hates, fuck, just illegally make the mint print more money… not like he gives a fuck about any consequences.
I think the question is “what will happen” not “what will Trump do”.
Hmm the article doesn’t actually say they’re rooting for it to collapse, it just says they don’t mind if it collapses
Yes, bubbles create volatility. Yes, investors lose money. Yes, employees lose jobs when companies fail. But the alternative is underinvestment in transformative opportunities.
Fucking ghouls
oh no, not the underinvestment in transformative opportunitierino!
the linkedin dialect annoys me to no end.
“It’s ok to waste world changing amounts of money and kill the environment for worthless hype because the alternative could be number not going up” Are these people fr
Me too. Except not quietly.
i dont understand what is the capital gain from the bubble burstin, company value collapses and the us economy dissapears from the map
basically, large capitalists will buy up the assets from failed companies and make bank
And then get bailouts on top of it.
They won during the inflation of the bubble, they win by getting the inside view and some limited control on the bubble bursting (thus, privileged opportunities to react and profit from the burst at minimum), THEN their very important companies get bailed out and escape the well-earned consequences.
It’s win-win-win, and everyone but them pays the price, pretty much no matter what (with minor exceptions, maybe, if shit goes truly off the rails - from their perspective, by my measure, we’re already there of course).
exactly
They still think they’ll have collateral without an economy and they can buy up all the pieces for cheap and “rule” the ashes.
No, the banks will call in their loans to you once your stock isn’t worth dick and you will have to sell all your assets to the Saudis because you let the petrostates continue to exist instead of making real investments like devices to pull FREE ENERGY FROM THE SUN.
You could have made your stupid LLM toys independent of foreign energy ichor but your net worth is entirely fake and so you HAD to flow your profits to the REAL stakeholders, you baby dick losers
