this post was submitted on 07 Nov 2025
495 points (99.0% liked)
News
33058 readers
4625 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Millennials out here preparing for their 5th once in a lifetime market crash.
I went through the oil embargo 70s, a couple of Reagan recessions, a Bush I recession, all before 2000, when Republicans really got their nation-destroying chops together for some proper, world class economic irresponsibility.
Those weren’t on the scale of the housing and Covid crashes. Dot con was pretty bad, but still nothing like 2007/8
The 70s was really terrible, and lasted nearly an entire decade, but yeah, everything between that and 2008 was secondary.
Still, it demonstrates that the economy is usually at its worst under Republicans, and disastrous under MAGAs.
They have the self-described reputation as economically responsible, but in reality, they always screw up the economy. Carter, Clinton, Obama, and Biden all entered office with an active Republican economic downturn of their own making, and we're forced to clean up the Republican mess before they could get their own agenda underway.
Biden not only had an economic recovery to navigate, he also had to launch an emergency Covid vaccination program, and he accomplished both ahead of schedule. If he had dealt with the severe national security threat of MAGA, and crushed them, and kept them out of office under the 14th Amendment, he'd be one of the Top 10 presidents of all time. Instead, his Covid/Economic successes will be forgotten, and he'll be in the bottom 15.
load more comments
(1 replies)
I feel like I'm taking crazy pills.
Sixth for GenXers. So tired of this shit.
I’m an Oregon Trailer, are you counting the savings and loan crash, or am I missing one in the 90s?
- savings & loan
- dot com
- 9/11
- housing bubble
- Covid
- AI
Let's see 2000, 2008, 2020, what am I missing?
History rhymes so 202...
load more comments
(2 replies)
Holy shit. That’s almost one Elon Musk’s Salary dollars
That's more or less how I deal with any economic numbers these days. Just one mans salary. No big deal.
He eventually buys up all ai companies for nickels on the megadollar and copy strikes all unauthorized ai providers.
The only resistance left is the decentralised group of people running outdated and decensored LLM's for erotic RPG.
We're doomed
If only the AI could have given them a heads up.
Just as accurate as tarot cards...
Sorry, you want the Tower here.
It’s one of my favorite cards for symbolism, because the story is so apparent on the card. People jumping out of a burning building to their peril.
load more comments
(2 replies)
load more comments
(7 replies)
load more comments
(1 replies)
It always amazes me just how stupid all these billionaires actually are. It just highlights the fact that they did not actually "earn" that wealth, in the first place. If it were truly a matter of talent and skill, they wouldn't be crashing the economy every five to ten years...but here we are, for the fifth(?) time in the last few decades?
You may think it's stupid but these people are still going to make ass loads of money out of this entire ordeal. Because the entire system is rigged in their favor.
Its like the movie Big Short where despite news of bankruptcies stocks kept going up for a long time. It was when the banks shored up their own shorts that they actually let the market crash.
load more comments
(1 replies)
Crashing the economy is only stupid if you don't have enough liquidity to capitalize on it. That or if you actually give a shit about people.
The crashes are deliberate. It allows them to scoop up infrastructure for pennies on the dollar. It's not a coincidence that the largest ever upward transfer of wealth occurred during COVID. That was the elite consolidating their holdings. And evidently, they're not exactly satisfied yet and want even more.
They aren't stupid, they are gambling and they toss their weight to stack the bet in their favor long enough so that they can cash out and not be left with the bag when it crashes.
Every recession, richs get richer and we get poorer.
load more comments
(6 replies)
POP THAT BUBBLE
POP THAT BUBBLE
POP THAT BUBBLE
The most obvious global collapse of a stock
Finally ... move on to something else.
Honestly, I gotta hand it to Apple. They never jumped on the hype train for AI as bad as all these other companies because they were smart enough to realize it was temporary and they are just chillin' right now. Sure they did a few things here and there, but they didn't try and change their entire business model around AI. When this bubble does pop, I'm sure Apple will be the one on top again.
Apple has invested heavily in infrastructure that will make every iPhone and app on the store transparent to an AI running on bespoke silicone designed for the task. Much like Windows, Apple foresees a future where AI is a substitute for the GUI.
https://www.archyde.com/apples-ai-integration-a-deep-dive-into-iphones-future/
load more comments
(2 replies)
I think it was unintentional. They didn’t hop on in time and were left behind. Then they tried rushing and put out a half baked AI product. And now they’re using Gemini for their AI because they can’t catch up.
load more comments
(1 replies)
Apple is always a decade behind, though. It isn’t an innovator anymore.
What happened was they did the standard thing of being really far behind in terms of software and were not able to compete. Apple is not a software company it's a hardware company with delusions of grandeur. If a software feature is good enough they'll eventually steal it and claim that it's some major innovation on their part but they will never get away from the fact that they brought the atrocity that is iTunes into the world.
load more comments
(1 replies)
From the article:
Nvidia declined 7%, Oracle, and AMD dropped 8.8%, Meta and Microsoft dropped around 4%.
These are amounts that stocks often fluctuate. Percentages are what matter. Phrasing it as a big dollar value was lost is always manipulative framing.
The market is big. There are more than a few shares. A small change becomes a big number when multiplied by the size of the entire market. $800 billion is basically meaningless.
The numbers are fake anyway. Market cap is the value if all existing shares were sold at the current price. Nonsense. Selling all the shares would change the price in some way.
... and that's just the warmup act!
Never have I seen greater evidence that the ultra-wealthy are fundamentally catastrophic for the economy.
Aside from the last like 100 billion pieces of evidence that came before this well predicted one.
Whew finally
Good
You mean the big short guy will earn money? Interesting. Hopefully that means I also happen to earn money as well.
This is all utter horror, the Great Depression is already upon us in the coming weeks or months, that's what a fun year 2026 is going to be.
And then, as a pretext, they'll introduce a digital concentration camp with CBDC.
Bubble bursting....
People who are somewhat liquid going to do some bargain shopping.
The good ol' pump and dump.
(Btw, guys, A.I. threat is way overblown.)
A.I. threat is way overblown
This assumes AI will be all knowing and all powerful and will turn to evil.
But bad, incomplete, dreaming AI unleashed by CEOs, in search for more profit margins, are a real threat. Imagine air traffic control under AI that just screws up and cause planes to collide. Or AI robots who go awry.
load more comments
(1 replies)
This is what Trump wants to justify lowering rates. Trump wants catastrophe and terror to claim hes the only one who can fix it. When in actuality he caused the problems, has declared 7 bankruptcies in his business Career, and has now bankrupted America by having a shutdown and not paying it's employees, snap programs, cancelation of USAID and many much more.
view more: next ›