#financialbubbles — Public Fediverse posts

@johnquiggin
100% agree.
Where to now? Are we condemned to watch the world around us burn to ashes because we are powerless to stop the financial madness? It’s not like those responsible are Icarus-like and inevitably headed for a fiery reentry given their ‘cooker’ and ‘prepper’ mentality. Bottom up changes will come too late. Whom/What can possibly stop the greatest ponzi scheme in recorded history? And when. If not now?

#NeoLiberalism #FinancialBubbles #RogueCapitalism #GriftingMadness

"By harnessing the greed and corruption of the Trump family and its cronies, as well as many Democrats, the #cryptoIndustry has assembled a juggernaut of power that aims to revolutionize the financial system to place #crypto and their businesses at the center of #finance, not just in the United States but throughout the globe. The most immediate economic risk of this is the prospect of a crypto-induced financial crisis..."

https://www.bostonreview.net/articles/the-crypto-chokehold/
#cryptoLobby #USpol #economy #financialBubbles

@abcfeeds
@abcfeeds
If you follow assets and financial ‘bubbles’, you’ll know that non-bank loan sector is the biggest bubble to worry about. That and the Assets Bubble (Mainly #GenAIstocks). Both of these need to be ‘lanced’ before they grow so big the bust will have worldwide repercussions that may be ‘terminal’ for many economies.
#EconomicTroubles #FinancialBubbles

Just sayin'...
But I know: This time is different, of course

#DeepSeek #markets #financialbubbles #AI

You know, she's shrill, or uppity, or a fake Pocahontas, but she's especially a woman, like Cassandra
#Capitalism #FinancialBubbles #BankRegulation #ElizabethWarren #SVB
https://prospect.org/blogs-and-newsletters/tap/2023-03-15-elizabeth-warrens-moment-again/#.ZBIfK41WcAE.link

Nothing says "bubble" like the words "opportunity of a lifetime!"
#AI #FinancialBubbles #OpportunityCosts #ArtificialIntelligence
https://pluralistic.net/2023/03/09/autocomplete-worshippers/#the-real-ai-was-the-corporations-that-we-fought-along-the-way

"Let it be emphasized once more, and especially to anyone inclined to a personally rewarding skepticism in these matters: for practical purposes, the financial memory should be assumed to last, at a maximum, no more than 20 years. This is normally the time it takes for the recollection of one disaster to be erased and for some variant on previous dementia to come forward to capture the financial mind. It is also the time generally required for a new generation to enter the scene, impressed, as had been its predecessors, with its own innovative genius." J. K. Galbraith
#Economics #FinancialBubbles #TheFollyOfCrowds

5 biggest economic bubbles in history - Economic bubbles occur when the price of an asset, such as stocks... - https://cointelegraph.com/news/5-biggest-economic-bubbles-in-history #financialbubbles #railroadmania #tulipmania #dot-com