Tesla falls 10%, Alphabet sinks 5% as AI spending concerns spook investors

Please pop soon please pop soon

Be careful what you wish for.

I’m no fan of AI, but the combination of swingeing tariffs and the 1929 crash lead to the Great Depression. We didn’t have that happen in 2000 when the dotcom bubble burst because adults were in charge of the American finance system. that is no longer the case.

The orangutan has already pushed the American economy to the brink, the inevitable bursting of this bubble is going to decimate the US, and unfortunately the size of the US economy means that will flow onto the rest of the world. Unless you are in a country that close enough to no trade with the US and limited international financial dependencies you will be severely impacted. North Korea fits the bill but I don’t really want to move there.

Indeed, that will be hard. However, it seems to be necessary to have a depression (and perhaps even a civil war?) to reduce the power of the Epstein class and change the mindset of the American people. As a non-American, I see Trump more as a symptom. The real problem seems to be the American political system in general, and the morality of the people.

With this government, America has tried to be above everyone else and acquired power and wealth in a completely immoral way. Perhaps it can be understood that the rest of world doesn’t care if the US burns down at this point, even if it brings economical losses. It’s karma.

I too don’t care personally if the US burns and it is entirely possible the world will be a better place for an enforced change there, however there seems to be an idea in this group that something like that can happen and it will only trivially impact the rest of the world.

Unfortunately modern economies are too intertwined for a meltdown there to not impact us here.

This isnt just “you might lose 10% of your pension fund” this is “your pension fund just became valueless, and half the people you know are now out of work”