I admire Cory’s perennial optimism, but the more billions the governments pump into this scheme, the less likely it’s going to be. “Too big to fail” and whatnot.
That’s what I’m saying tho. If the government is all-in on this, and basically the only reason the stock market is growing is because of AI related things, they will get a backstop or a bailout. At which point we’ll probably be forced to use it even more to justify that action.
I admire Cory’s perennial optimism, but the more billions the governments pump into this scheme, the less likely it’s going to be. “Too big to fail” and whatnot.
I suspect that the house of cards will come tumbling down as soon as one of the companies in this massive Ponzi scheme fails to pay their bill.
That’s what I’m saying tho. If the government is all-in on this, and basically the only reason the stock market is growing is because of AI related things, they will get a backstop or a bailout. At which point we’ll probably be forced to use it even more to justify that action.