These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
Pissed off at Bezos betraying us all again? Consider not giving him your money and boycott Amazon.
Someone reading this message could cost them hundreds or thousands over the coming year by simply shopping elsewhere. That’s not nothing. There’s no doubt that Amazon is convenient, but it is possible to get along without them.
For Americans: in this time of rising fascism, it’s important to chip away at the pillars that are holding up the regime in the White House. This is one way to use your agency to have a measurable impact.
CONSUMERS OF THE WORLD UNITE! ALL YOU HAVE TO LOSE IS CHEAP SHIT YOU DON’T REALLY NEED ANYWAY!
Well, that and some genuinely good media that they’ve locked down the rights to…
Unless… 🏴☠️
Hey, piracy is illegal and could send you to pris-whboops trips on a nail folded up paper falls out of my pocket. Woah, little clumsy there. Hand me that paper will you? its a website i need to send a DMCA request to.
Even better. The AI Bubble bursting may be good because it may finally wake people the fuck up as to how utterly god-damned stupid their ruling class is and eliminate them.
Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.
Not because it lets them sell ai. The goal is to snatch up cheap assets to sell when the economy recovers then do it all over again.
my personal plan is to gather as much capital as i can while this everything bubble goes wild (fuck it, look at total volume levels now vs…anytime last 30 years…nobody but degenerate gamblers and those that should know better are playing right now), then…go on a mass-building spree to drive down the price of housing.
high density, high-quality, affordable housing built for sale not rent, sold exclusively to long-time local residents and/or first-time home buyers. my hope is this crashes individual localized housing markets, as the local rent parasites cant find renters and since they probably took loans out on their properties to throw into the casino…
then i swoop in, buy their distressed property on the cheap, throw down even more high-density/quality, affordable housing for sale.
repeat until everyone has a home
Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.
Facts. You don’t even have to be particularly rich to do it. I had a few thousand I’d saved over a decade in March 2020, used it to buy oil stocks at a 90% discount, then sold it two years later when things rebounded. It wasn’t ‘fuck you’ money, but it allowed me to pay off my student loans.
Translation: will allow them to buy up a bunch of shit for cheap as soon as it bursts
Are any of them ready to admit yet that they want our uniquely awful for-profit health care system to stay the way it is for the same reason?
The last crash destroyed families and destroyed lifetimes of savings from the utter devastation of the fallout. My family never recovered and tragedy was the result. I know millions of families will never recover from that and there was no accountability at all. The occupy movement was a genuine working class movement against the criminal oligarchs who destroyed our economy. Unfortunately the book was thrown at the occupy movement and the well funded tea party movement and white nationalist movement was funded by the oligarchs and ignored by lawmakers. This all led to what we’re dealing with today. Families never recovered the cost of living keeps skyrocketing and we keep getting poorer. Unfortunately the correct counter movements get stamped out and the ones that blame minorities get funded and this is where we’re at today….we can’t move any further right we are at the end of the line. The oligarchs need us to fight eachother so they can justify the police state they’re building indefinitely. It’s like System of a Down said “they’re trying to build a prison for you and me to live in”
The Obama administration missed a real opportunity when they didn’t prosecute bankers in the aftermath of the 2008 crash. Had they forced the bailouts be paid back with interest over time and arrested the most egregious actors from the banking sector, I think it would have gone a long way for their image. The light touch with bankers and the readiness to bail out wall street while leaving main street to suffer hurt the democrats image bad. That and NAFTA lost them the middle class, and the right capitalized by exploiting performative social issues.
A while back there was a tainted milk scandal in China that impacted tens of thousands of children for life and killed several.
Have you noticed it hasn’t happened again?
It seems that executions (of which there were several) and prosecution/jailing of wealthy company owners (of which there were many) do have a deterrent impact after all.
The Obama administration missed a real opportunity when they didn’t prosecute bankers
The fuck? Really?
I can’t figure out why. It is a mystery as fundamental as the ratio of the fundamental forces of the universe, we will never know.
Eat the rich
God no! Wow! They’d taste like ketamine and evil!
Translation: I have enough money to weather this self-inflicted disaster. Do you?
Or at least six months’ worth of rice, beans, sugar, spices, bottled water and other barterable items. Maybe candles and those butane cans for portable gas cooktops.
He wants to buy everything remotely competition at scrap-bottom prices
I genuinely believe that this is why they crash the economy every now and then. We’ve had at least 4 economic catastrophes in the last 30 years…and they were all predictable and preventable.
But somehow, none of these very wealthy and successful people, were able to see the inevitable consequences of their own actions? Yeah. No. Not buying it.
Their wealth grows nearly exponentially each time. What a crazy coincidence huh?
It’s a feature…not a bug.
I can’t wait for the purge of the billionaire class.
At this point I feel like it’s like an emperor has no clothes situation.
We all know the tech doesn’t work in an intelligent way, but the second the tech CEOs admit it, the bubble will pop.
It will eliminate the weak meaning the companies in actual competitive markets, so monopolists like Amazon can buy them up and monopolize even more markets.
Yep. Trillion dollar companies are so huge that a deep recession only mildly impacts revenue.
Yeah, that’s why they do the whole greedflation thing, to make central banks raise rates, causing a slew of bankruptcies among the competition, making them ripe for a buyout.
The fact that it also destroys labour negotiating positions is a cherry on top.
Since Bezos can’t perform any of the functions that actually make his company function, it seems the real weakness is at the top.
To rich people, you are the weak. Remember that. This is genocide
It is a class war for now… We are headed for a genocide.
All that tech is being tested in gaza
The wealth disparity is genocide and has been ongoing for decades. It doesn’t need to be men with guns or blades to be a genocide.
The wealth disparity is genocide and has been ongoing for decades.
Since agriculture was invented if you are going to be like that about it.
Poors suffer so that better people live their best lives.
The rich ascended so far up that they no longer fear the mob
Dude could turn it all around if he started preserving the environment somewhat…
And slow down the explosive growth of those numbers of his? Not on all of our lives
Except that it won’t eliminate anyone because they will all get a federal bailout.
Are you talking about the AI / big tech companies? No they won’t.
My fellow traveler in Christ, the feds have already invested 8.9 billion to keep Intel from suffocating to death in its own farts
I imagine they’re referencing the 2008 precedence, although that was banks. But these tech companies are now ‘worth more’ than the banks so they may be considered ‘too big to fail’. Wiki entry for 2008 bailout: Bailout Link
