General Discussion

RockRaven

(19,340 posts)

8. The big tech companies have seen setting enormous piles of cash (like 10s of billions of dollars)

Fri Mar 27, 2026, 03:08 PM

Friday

on fire year after year lately because of FOMO -- others are working it and they musn't be left behind, they'd never catch up!

Fear, of course, is not wise. The results have been spectacularly mismatched to the price paid.

Well, at some point they need to get over the FOMO and find a scapegoat for their misguided profligacy. The Dotard and his fuel/fertilizer/security/etc crisis is as distracting of a scapegoat as they will ever find. The iron is hot.

I am hesitant to expect them to take this offramp. But it is right there in front of them.

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