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.
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.
Credibly_Human@lemmy.world 2 days ago
This bubble is largely self dependent with all invested parties incentivised to prop it up. Completely different type of situation.
umbrella@lemmy.ml 2 days ago
so, still a bubble like the housing crash?
Credibly_Human@lemmy.world 2 days ago
No. The housing crash really started to go off when regular people could not pay their bills. These arent regular folks here. These are mega corporations.
umbrella@lemmy.ml 1 day ago
that’s how a bubble works. they are mega corporations that represent like 90% of the economy. their companies go under, the people working for them are jobless all at once.