this post was submitted on 11 Oct 2025
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[–] thatKamGuy@sh.itjust.works 10 points 3 days ago (1 children)

Oh, but you can bet your bottom dollar there are still something like 20:1 ratio of dark-market ~~bets~~ synthetic collateral against these shares further underpinning valuations.

Legitimately fear that this will make the ‘08 meltdown look quaint in comparison, as the fiscal stress will not be limited to shares but impact loads of financial instruments (home and car loans, retirement accounts etc.).

[–] osaerisxero@kbin.melroy.org 11 points 3 days ago

It's the 20s right now my dude, there is only one way this ends: Great Depression 2: AI Boogaloo