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Bad Economic Predictions

Posted: Thu Dec 18, 2025 1:35 pm
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.

Bad Economic Predictions

Posted: Thu Dec 18, 2025 2:16 pm
by Leisher
Is the bubble bursting right now?

Bad Economic Predictions

Posted: Thu Dec 18, 2025 2:18 pm
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.

Bad Economic Predictions

Posted: Thu Dec 18, 2025 11:43 pm
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.

Bad Economic Predictions

Posted: Fri Dec 19, 2025 7:54 am
by TheCatt
Interested to see if this turns into anything