Comment by arisAlexis

2 months ago

Nothing has ever burst when production can't meet demand

It always bursts when demand stops. Current demand is artificially pumped up and financially unsustainable aka a bubble,

The demand being: "trust me bro we will pay you when we're profitable"

All it'll take is one company to go bust, oracle for example, for the whole thing to deflate

Plus you're factually wrong, it happened for fiber optics and railroads

  • >All it'll take is one company to go bust, oracle for example, for the whole thing to deflate

    Provided that of course, the US administration will be incorruptible enough to not bail out these tech companies with taxpayer money when they do eventually fail.

    But when you see the connection between Larry Ellison and Trump, you realize the whole "free market competition" is a scam for suckers. Always has been, just that now they don't even bother to hide it via some complex facades and shell games to garner a veneer of legitimacy, it's straight up banana republic style of corruption.

    • > Provided that of course, the US administration will be incorruptible enough to not bail out these tech companies with taxpayer money when they do eventually fail.

      I'd love them to try that because virtually no one on any part of the political spectrum would get behind that besides the most corrupted and soulless ghouls masquerading as politicians

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