this post was submitted on 24 Jul 2026
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[–] popekingjoe@lemmy.world 190 points 1 month ago (51 children)

Please pop soon please pop soon

[–] thanksforallthefish@literature.cafe 87 points 1 month ago (44 children)

Be careful what you wish for.

I'm no fan of AI, but the combination of swingeing tariffs and the 1929 crash lead to the Great Depression. We didn't have that happen in 2000 when the dotcom bubble burst because adults were in charge of the American finance system. that is no longer the case.

The orangutan has already pushed the American economy to the brink, the inevitable bursting of this bubble is going to decimate the US, and unfortunately the size of the US economy means that will flow onto the rest of the world. Unless you are in a country that close enough to no trade with the US and limited international financial dependencies you will be severely impacted. North Korea fits the bill but I don't really want to move there.

[–] PurpleFanatic@quokk.au 11 points 1 month ago (2 children)

It’s a weird one for me, because it feels inevitable anyway, and I’m at the point where I just wanna get it over with 🫠

[–] XLE@piefed.social 6 points 1 month ago

The longer the bubble goes without popping, the worse the pop will be.

[–] errer@lemmy.world 3 points 1 month ago

I’ve felt the economy would inevitably crash since the pandemic, yet it still hasn’t come. I feel like many have felt this way. And yet this dumb economy keeps plodding along.

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