cross-posted from: https://lemmy.ca/post/73158617

Burn baby burn!!!!!!

“Many in the market feel we have no choice but for it to work out,”

Yes this is what it everyone feels like when they are in denial....

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[–] 8 points 2 hours ago* (last edited 2 hours ago) (4 children)

The 2098 2008 crash was caused by the rate of mortgage growth beginning to slow. It was a confidence issue in MBS, similar to the AI bubble now. People are starting to lose confidence in their investments and wondering if it is still a good idea to buildout massive data centers.

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  • [–] 6 points 2 hours ago (3 children)

    The 2098 crash was caused by the rate of mortgage growth beginning to slow. It was a confidence issue in MBS, similar to the AI bubble now>

    I read that typo like a satire historical comment

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  • [–] 3 points 2 hours ago (2 children)

    Someone will falsely quote this post decades into the future as a prophecy for the crash of 2098.

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