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.

The biggest risk would be the bubble holding together and the democrats getting into power, only for it to blow up in their face immediately.

While they might deal with it a bit better than trump, the damage he is already doing could tie their hands a lot.

We all know the right would get decades of mileage out of “look look, it was all awesome under trump, then the democrats broke everything”.