• gravitas_deficiency@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    5
    ·
    3 hours ago

    Who is “no one”? Because yeah, there will be splash damage, but some sectors (“AI” companies and the megacorps involved in the massive ongoing self-dealing circlejerk) will collapse, but others will simply see a correction. And I’ve already dumped anything LLM-related (as well as most US-based securities and ETFs) as of early this year. So I’ll take a hit (everyone will take a hit), but it’s not going to be nearly as bad as it will be for all the bag holders.

    • Nalivai@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      2 hours ago

      Tech companies will ask (and get) an enormous bailout so they don’t have to fire everyone, and then they will fire everyone anyway. In order to recoup some of the budget losses, King Trump will implement one or two more taxes