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return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days ago

'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

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'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

gizmodo.com

return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days ago
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Just a moment...
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  • schipelblorp@sh.itjust.works
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    23 days ago

    Trump just said in a response to a question about our $40 trillion debt (jesus, that’s a lot of zeroes), “You know, inflation, certain levels of inflation, will also pay off that debt very rapidly. Very rapidly.” https://www.msn.com/en-us/news/other/trump-just-soft-launched-higher-inflation-as-the-new-solution-for-rebalancing-the-40-trillion-us-national-debt/ar-AA2dpocG

    So I hope that cash isn’t USD. Honestly, all currencies look pretty bad right now. And if Trump triggers Iran into destroying the Middle East (and maybe triggering Israel to nuke, if Trump hasn’t already), the only thing that’s going to be worth a damn is cigarettes and penicillin.

    • im_fine_sandy@nord.pub
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      23 days ago

      Astonishing really.

      This is the guy running the US like a business.

      Don’t worry about debt, just stoke up inflation so it does t seem like so much money.

      Nothing could possibly go wrong with this plan.

      • schipelblorp@sh.itjust.works
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        22 days ago

        The “he’s a businessman and he’s going to run the government like he runs a business” argument is as stupid as it was prescient.

      • Brimstone@lemmy.ml
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        22 days ago

        The alternative is to put brakes on the economy by cutting government spending but he just started a war with Iran so…

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