Trump doesn’t do what he says he will do. Its pretty much random.
The reliable grift, such as anti-immigramt hate and anti-muslim stuff is obviously coming. And as awful as they will be, I’m not convinced that it will have an obvious effect on our economy.
When we start looking at things like Elon’s grift or other Billionaires he’s with, the stock market, crypto coins and other assets will go up. It seems unlikely to me that a crash would necessarily occur at the right timing you desire (this is bad for us in the long term. But the modern corporate economics world has become very good at hiding fraud and kicking cans down the road. Elon especially).
If they can hold most money together and make their supporters money (see Cryptocoin and Tesla stock right now), then they have a winning economic message for their core supporters.
Or do you think anyone actually gives a shit about how middle America will feel from this?
Markets are cyclic and we’re overdue for the AI bubble to pop. But I don’t think that automatically means the Democrats can win another presidential election or win the Senate.
That’s the problem. Bubbles keep growing until they don’t. And there’s no way to know when that will pop. This AI crap has been growing since 2016 AlphaGo or even 2012 IBM Watson.
What if the economy doesn’t tank?
The President doesn’t have that much control over the economy. That’s a fundamental truth.
There will be awful policies but there’s no guarantee of an economic collapse here.
If Trump does what he said he will then there will be
Trump doesn’t do what he says he will do. Its pretty much random.
The reliable grift, such as anti-immigramt hate and anti-muslim stuff is obviously coming. And as awful as they will be, I’m not convinced that it will have an obvious effect on our economy.
When we start looking at things like Elon’s grift or other Billionaires he’s with, the stock market, crypto coins and other assets will go up. It seems unlikely to me that a crash would necessarily occur at the right timing you desire (this is bad for us in the long term. But the modern corporate economics world has become very good at hiding fraud and kicking cans down the road. Elon especially).
If they can hold most money together and make their supporters money (see Cryptocoin and Tesla stock right now), then they have a winning economic message for their core supporters.
Or do you think anyone actually gives a shit about how middle America will feel from this?
Markets are cyclic and we’re overdue for the AI bubble to pop. But I don’t think that automatically means the Democrats can win another presidential election or win the Senate.
That’s the problem. Bubbles keep growing until they don’t. And there’s no way to know when that will pop. This AI crap has been growing since 2016 AlphaGo or even 2012 IBM Watson.
I don’t think we were financing loans with GPUs as collateral back in 2012 or 2016: https://pivot-to-ai.com/2024/11/04/silicon-valley-and-wall-street-invent-collateralized-gpu-obligations-surely-this-will-work-out-fine/
Well, it keeps getting worse until some point. But it took like a decade of shitty CDOs of CDOs finally collapsed in 2007.
It got to the point where strippers (and other not so wealthy people) where buying 2 or 3 houses aiming to flip.
Bubbles always bubble longer than expected
And if Trump does the trillions in tax cuts like hes trying to do, then the economy floats longer