Are economic bubbles appearing faster?

The Something Awful Forums > Discussion > C-SPAM > Are economic bubbles appearing faster?

anime was right: Jun 27, 2008; death is certain
keep yr cool

my bet is the second twitter explodes from lack of money, the tech bubble pops on the spot

# ¿ May 25, 2017 05:39

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# ¿ Apr 28, 2024 17:38

anime was right: Jun 27, 2008; death is certain
keep yr cool

exploding in this context also means "sold for a tiny fraction of how much money investors put into it"

# ¿ May 25, 2017 05:41

anime was right: Jun 27, 2008; death is certain
keep yr cool

Vermain posted:

like, the world will absolutely be unrecognizable in 50 years because mass automation will cause an enormous crisis in capitalist economies, but if you think we're hitting the singularity in 30 years i wanna see your drat calculations

that guy bases it on 1 neuron = 1 transistor which... i'm not sure is accurate.

# ¿ May 30, 2017 23:02

anime was right: Jun 27, 2008; death is certain
keep yr cool

maybe i just need more transistors tho.

# ¿ May 30, 2017 23:03

anime was right: Jun 27, 2008; death is certain
keep yr cool

rudatron posted:

Bubbles are unpredictable by their nature, as soon as 'enough' people think it will pop, and act accordingly, then it pops, but you can't predict that ahead of time.

But my guess is: it'll start with the public failing of some high profile tech companies. That starts a run, some tech bros have to sell up or whatever, and it spreads from there.

But a pop isn't going to necessarily mean its a buyers market, far from it. The nature of econonic crises is that everyone is affected. In other words, don't think you'll get a home on the cheap, because you'll be finding yourself in money trouble as well. Millenials are, more than likely, never ever ever ever reaching the same level of home ownership as boomers. They and the next generation are going to be in poo poo, their entire life.

it will be a cascade of investors realizing throwing their cash at silicon valley is losing them money which will probably happen when a bunch of people who threw money at twitter before realize it's never going to turn a profit. if a big tech company dies for that reason, it's all going to break.

tech isn't unprofitable and won't go away, but a lot of it is magic made up numbers to people buying services.

# ¿ May 31, 2017 11:33

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# ¿ Apr 28, 2024 17:38

anime was right: Jun 27, 2008; death is certain
keep yr cool

Best Giraffe posted:

2008 taught us that destroying the world economy is EXTREMELY profitable

turns out if you socialize all the losses the richest suffer, they can turn around and immediately invest all that money in the things middle class people have to sell to eat.

# ¿ Jun 1, 2017 02:48

The Something Awful Forums > Discussion > C-SPAM > Are economic bubbles appearing faster?