• shalafi@lemmy.world
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    15 hours ago

    The circular clusterfuck of spending, buying, investing, is coming to an end. At some point profit must be presented. :) That’s why I’m so scared of the AI crash.

    The Buffett Index has us at 200%+ of stock market valuation vs. GDP. It was 130% in October 1929. (Similar for 1999 and 2008.)