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In reply to the discussion: Market is tanking [View all]Warpy
(114,604 posts)41. This isn't about the AI bibble popping, not yet
nad probably not while there are still billions from taxpayers to be sopped up by data centers that will never be fully functional due to power constraints and built in obsolescence.
This is about some investors who have noticed that Fatso and his gang usually do their stupidest things--blanket tariffs, bombing Iran--on Friday night to avoid a panic in the stock market the next day. On the table: an incredibly ill considered and undoubtedly poorly planned invasion of coastal Iran by amphibious forces. That could happen tonight or they could wait until all forces are in the area, another week or two. The stock market Chicken Littles are correct, though, it will probably happen on a Friday.
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"but Republicans are better for the economy", and there are people who still believe this slop
ck4829
Friday
#20
How? I thought the BBSB gave them like 150 billion last summer? There is one group that will survive any crash
Cheezoholic
Friday
#39
It's OK to panic though. Republicans have the trifecta, they always screw up the economy.
ck4829
Friday
#22
The big tech companies have seen setting enormous piles of cash (like 10s of billions of dollars)
RockRaven
Friday
#8
If voters really trusted Mr. Multiple Bankruptcies and Had to Dissolve His Own Charity...
ck4829
Friday
#24