2026 I don't think will be kind to our shares and super accounts :\
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Here we go!!
Again
Recession coming because the AI bubble is about to pop.
Nvidia: it's crazy, what ever we do, they think the AI bubble is going to bust. It's thus probable that we are actually the most important company in the world.
??
I wouldn't say they are the most important company in the world but they are the most important canary for an AI bubble that is a huge share of USA GDP.
The question is: how far off in the future should we short? 8 months? 12?
I'm stupid, for sure, and don't understand how the economy works.
It just seems very unfair to me that because a bunch of other people reckoned that AI was going to make them very rich, the next five to ten years will be a deep deep recession and my life will become much harder.
I never bought into the chatbot hype. Why should I suffer?
I feel the same way. Even if it pops a massive wealth transfer will have occurred, and despite seeing none of that money the rest of us will get screwed over.