Bad Economic Predictions

For stuff that is general.
Leisher
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Bad Economic Predictions

Post by Leisher »

TheCatt wrote: Thu Dec 18, 2025 12:28 pm
Leisher wrote: Thu Dec 18, 2025 11:45 am What I've been against is people thinking it's a magic cure for affordability. It's not.
It's not, but I'd rather people who have jobs not be also on the government dole. So I prefer a higher minimum wage overall.
100% with you, I'm just not sold that it achieves it.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Leisher
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Bad Economic Predictions

Post by Leisher »

Is the bubble bursting right now?
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Bad Economic Predictions

Post by TheCatt »

Oh damn, their stock is all the way back to where it was in June with a $514 Billion market cap. :)

I hate ORCL with a passion, but I don't think they're failing.
It's not me, it's someone else.
Leisher
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Bad Economic Predictions

Post by Leisher »

Ok, so we've discussed the NVIDIA, Oracle, OpenAI circle jerk at the center of the AI bubble.

Oracle is in trouble. Like Catt said, they're not going to go under, but investors are hedging their bet that they're not going to be able to deliver everything they're claiming.

Now, NVIDIA might be in huge trouble too thanks to Google. BTW, this is not just this dude's opinion. A tech news podcast I listen to just did a big report on this a day or two ago.

There's a lot of IFs here and it probably still doesn't mean the AI bubble bursts...yet.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Bad Economic Predictions

Post by TheCatt »

Interested to see if this turns into anything
It's not me, it's someone else.
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