Post AzngLM44x7aIGjlf28 by rootwyrm@weird.autos
(DIR) More posts by rootwyrm@weird.autos
(DIR) Post #AzlxIb442Mx2pG6yuG by MedeaVanamonde@beige.party
2025-10-30T23:39:49Z
0 likes, 1 repeats
@pndc @cstross You know…both of you, this isn’t going to be a mere bubble burst.This is going to be an implosion.Causing a global cascade collapse unlike anything before.Outages never expected
(DIR) Post #AzngLCPgpuvgKrnmKW by rootwyrm@weird.autos
2025-10-31T11:49:09Z
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@MedeaVanamonde @pndc @cstross oh, there not only will be but needs to be extreme violence when this happens. And I mean full on guillotines and redistribution by force.Because I have done the math.This shit doesn't just make the Robber Barons look like a joke, it's bigger than all three of those put together.
(DIR) Post #AzngLDaiSPLLzLy69g by rootwyrm@weird.autos
2025-10-31T12:53:45Z
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@MedeaVanamonde @pndc @cstross and because people continually ask:The only thing keeping '08 from being a total implosion was underlying assets. Houses are an underlying asset that got turned into predatory rentals.'01, you had offices, IP, businesses that COULD work, and hardware to recover with. With much smaller holes to fill.This time?It's a literal Ponzi scheme. Basically all of the hardware is ewaste. There's no trillions in IP - not even millions. Just *trillions* in pure fakery.
(DIR) Post #AzngLEYcrfGWz9zwXI by ploum@mamot.fr
2025-10-31T14:43:59Z
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@rootwyrm @MedeaVanamonde @pndc @cstross :What is relatively new, IMHO, are the fascists goverments which want to keep this bubble going at all cost, printing money for it at unprecedented scale.If you take a contrarian approach, it is surprizing that even mass media are starting to talk about the bubble but it doesn’t pop (while a bubble usually pop when there is the most enthusiasm).I wonder if my first point explain the second.
(DIR) Post #AzngLFLBx677PmijEe by ploum@mamot.fr
2025-10-31T14:48:59Z
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@rootwyrm @MedeaVanamonde @pndc @cstross : I’m really perplexed by the fact that "everybody talk about the bubble but it doesn’t pop"Will it takes way more time than expected? Will the burst be invisible because of a collapse of FIAT money at the same time ?Current situation doesn’t make any sense but the market can stay irrational longer than you can stay solvent
(DIR) Post #AzngLGAwqfVw0Iw3uK by simagick@freeradical.zone
2025-10-31T16:09:58Z
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@ploum @rootwyrm @MedeaVanamonde @pndc @cstross This time around we have musk-ish tech bros who are high on their own shit doing the investing. The market is being propped up on their celebrity image.
(DIR) Post #AzngLGlSeuilpY1Dou by rlcw@ecoevo.social
2025-10-31T17:55:01Z
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@simagickIf only rich are invested right now, why will it matter if the bubble bursts? Why should we care if mainly rich and greedy loose their money? We were never going to see any of it. And as you said, nobodies houses are on the line this time around, nobodies bank. Could the world at large just shrug it off? How will this affect us?@ploum @rootwyrm @MedeaVanamonde @pndc @cstross
(DIR) Post #AzngLHMKRqDBftGfHk by david_chisnall@infosec.exchange
2025-11-01T09:13:50Z
1 likes, 0 repeats
@rlcw @simagick @ploum @rootwyrm @MedeaVanamonde @pndc @cstross If only the rich invested, it would be fine. The problem is that tech stocks have been the only solid growth stocks for so long that a lot of pension funds are over exposed. A lot of banks have loaned money to ‘safe’ companies that are building a house of cards.When the bubble bursts, a load of pension funds will be unable to make payments. Banks will experience large numbers of loan defaults. The ones that are still solvent will need to put up interest rates to cover their losses, which will cause a massive dip in liquidity throughout the market. This leads to unrelated companies needing to reduce costs, which includes reduction in workforce. So now you also have rising unemployment and more stress on the social safety nets for those folks.If it were just rich people gambling, I’d be stockpiling popcorn.
(DIR) Post #AzngLM44x7aIGjlf28 by rootwyrm@weird.autos
2025-10-31T13:12:34Z
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@MedeaVanamonde @pndc @cstross I'll take as an example a startup I worked for in '00. Little known company that was building the world's first real near-end distributed CDN. The product was VERY solid, but the bad sales team, terrible culture, and bad management doomed the company.You won't find the acquisition on Wikipedia. But Akamai bought the whole thing out of bankruptcy in '02 I think it was. The hardware and software became GHost, one of their biggest products.