umbrella@lemmy.ml 4 days ago
just pop already
The thing is, the “people” propping it up, are massive tech companies with collectively trillions of dollars to burn on this thing that is making their stock prices soar.
They have no incentive as the primary investors doing the circular buying to stop. The big problem here is the stock market provides awful incentives to everyone.
neither did the housing speculators though, it will come crashing down eventually.
though i wonder if yall gonna let them get bailed out again, that still remains to be seen.
This bubble is largely self dependent with all invested parties incentivised to prop it up. Completely different type of situation.
so, still a bubble like the housing crash?
TheGrandNagus@lemmy.world 3 days ago
The market can remain irrational for far longer than you can remain solvent