this post was submitted on 06 Nov 2025
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[–] Goldholz@lemmy.blahaj.zone 8 points 9 hours ago (1 children)

And when it pops it will be a big bang in the entire global economy from what i heared and read.

[–] tetris11@feddit.uk 29 points 8 hours ago* (last edited 8 hours ago) (2 children)

I mean, the housing bubble burst and the government pulled 7 trillion out of its arse and handed it back to bankers, doubling the cost of current living from the knock-on inflation. Life went on, and not a single banker (except maybe some lackey in Iceland) was punished. The Rich got exceedingly wealthy after the crisis.

collapsed inline media

This time: the government will pull 50 trillion from its arse and hand it back to investors. Life will go on, no one will be punished, the cost of living will be a few times higher than what it is now, and the rich will get richer.

My interpretation: the big investors fully expect the bubble to burst and hope to win from the fallout/bailout. It's win-win for them.

[–] Goldholz@lemmy.blahaj.zone 3 points 7 hours ago* (last edited 7 hours ago) (1 children)

True Edit: which government are you talking about with "the government"?

[–] tetris11@feddit.uk 4 points 7 hours ago (1 children)

Any. If it happened under Obama, it will most certainly happen under Trump

[–] Goldholz@lemmy.blahaj.zone 3 points 6 hours ago (1 children)

Thats quite the US centered perspective

[–] tetris11@feddit.uk 4 points 5 hours ago* (last edited 5 hours ago)

I'm from the UK/Germany. The dollar is a worldwide currency with far reaching impact

Germany had the same financial crisis around that time with a 70 Mrd € bailout as I'm sure you remember

[–] pticrix@lemmy.ca 3 points 4 hours ago* (last edited 4 hours ago)

I was wondering about the source for this figure. For the curious, it comes from a private report from an independent consulting firm in the UK called MacroStrategy Partnership. I found this article talking about it, dated 2025-10-3.