This is free market capitalism creating competition and demand right? This is supposed to make things better for the consumer right? Because in my non economist mind, this seems like a shit deal for everyone except one small group of people.
The trickle down economics is when the bubble bursts but only after billionaires have collectively raised trillions for themselves and you’re the ones to pay to bailout their companies.
This is free market capitalism creating competition and demand right? This is supposed to make things better for the consumer right? Because in my non economist mind, this seems like a shit deal for everyone except one small group of people.
In an ideal world, the free market would punish AI investors for being so foolish. In reality, they’ll probably get a bailout when the bubble pops.
The trickle down economics is when the bubble bursts but only after billionaires have collectively raised trillions for themselves and you’re the ones to pay to bailout their companies.