Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

• tetris11@feddit.uk ⁨4⁩ ⁨days⁩ ago

  I mean, the housing bubble burst and the government pulled 7 trillion out of its arse and handed it back to bankers, doubling the cost of current living from the knock-on inflation. Life went on, and not a single banker (except maybe some lackey in Iceland) was punished. The Rich got exceedingly wealthy after the crisis.

  This time: the government will pull 700 trillion from its arse and hand it back to investors. Life will go on, no one will be punished, the cost of living will be a few times higher than what it is now, and the rich well get richer.

  My interpretation: the big investors fully expect the bubble to burst and hope to win from the fallout/bailout

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  • pticrix@lemmy.ca ⁨4⁩ ⁨days⁩ ago

    I was wondering about the source for this figure. For the curious, it comes from a private report from an independent consulting firm called MacroStrategy Partnership. I found this article talking about it, dated 2025-10-3.

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  • Goldholz@lemmy.blahaj.zone ⁨4⁩ ⁨days⁩ ago

    True

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    • tetris11@feddit.uk ⁨4⁩ ⁨days⁩ ago

      Any. If it happened under Obama, it will most certainly happen under Trump

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      • Goldholz@lemmy.blahaj.zone ⁨4⁩ ⁨days⁩ ago

        Thats quite the US centered perspective

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