[bentt]

There's a lot of manipulation going on. Attempts to pop the bubble artificially, prematurely. There's a lot of impatience and illusion of control out there. You can bet that when a real bubble bursts, we won't be seeing articles about it on Wired in the run up.

[jrflowers]

https://www.theguardian.com/business/2007/sep/30/5

[NoGravitas]

Underrated comment.

[diamond559]

You're in the disbelief phase, it sounds like you are overinvested and defensive about your position. The Nasdaq and crypto already peaked, housing is peaking as well, we're in the middle of the crash.

[phainopepla2]

If we're already in the middle, this will be a soft landing indeed

[bentt]

Nope.

Is this the same crash that happened when tariffs were announced? What about the 2022 crash? What sort of crash are we talking about?

IMO the AI incumbents want to provoke smaller pullbacks on the way up to A) kill competitors who can't handle it and B) prevent a catastrophic crash that would actually hurt them.

That's why we see stuff like Thiel selling his NVDA holdings. He's just going to buy back in later.

[diamond559]

Target is already 44% down on the year, Meta/Oracle/Tesla/Palantir and many others are 20% off peak, layoffs are at 2008 levels, look at peak to trough 2001 down, that's how bad it can get. Yeah, he'll buy back later, when Nvidia is beaten into the ground and you've all given up hope it will ever go back up again.