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they all know the bottom is falling out and instead of trying to prevent that they are ripping out the copper wiring

Carl Quintanilla@carlquintanilla.bsky.social

“.. In Las Vegas last week, data center operators, investors and bankers gathered at the Wynn hotel to discuss the state of the industry. .. The topic of one discussion panel: ‘Are We Screwed?’” @wsj.com #Firmus www.wsj.com/finance/firm...

largest investment in american history and they all know it’s bull shit. we have to take their money away from them at the end of this. we put them in charge of everything and they failed. we need to take away their money, they are bad at having money and we have gotten nothing for our investment

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As wealth becomes concentrated, investors focus on trying to get each other’s money rather than meeting real demand. This leads to financial scams, investment bubbles and misdirection of real resources. That’s how China caught up with us, as we were preoccupied with bubbles 1998-2000 and 2005-2008.

“are we screwed” they ask themselves after 5 years of pocketing all our money. no, youre not screwed you will be fine, your bank accounts are enormous because you took all our money