this post was submitted on 24 Jul 2026
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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.
It will pop anyway, because it is vaporware. That is fixed. Is later better? I don't know, but my guess is it isn't. The damage is ongoing, you see.
Best case scenario is a slow bleed until a Fed chair from the next admin is appointed, and they're a strong Keynesian or better. Worst case is the crash coming at any point during this admin (including election fuckery, preventing transition of power). That'll be the whole house of cards.
I could also see it being better if it happens during this admin. My fellow citizens seem stupid enough that if a major crash happens during a Democrat lead administration they would immediately blame it on them and then vote Republican next time no matter what.
To clarify, I was speaking of the immediate economic fallout. I partially agree on the "party holding the hot potato losses elections when it goes off" but wasn't the angle I was talking in