bobalot@lemmy.world to Fuck AI@lemmy.world · 1 day agoThe AI Bubble survives on $1.65 Trillion in hidden debtyoutu.beexternal-linkmessage-square25linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThe AI Bubble survives on $1.65 Trillion in hidden debtyoutu.bebobalot@lemmy.world to Fuck AI@lemmy.world · 1 day agomessage-square25linkfedilink
minus-squareEnsignWashout@startrek.websitelinkfedilinkarrow-up0·12 hours ago I wonder if we could collectively push the funds to divest from closed book financial companies If we don’t, there just won’t be a market, anymore. I stopped telling colleagues to “invest at least 10%” and “at least get the 401k match, it’s free money” about three years ago. After this bubble bursts, I’m honestly not even sure the concept of 401ks will survive. The future of common people’s investing is very possibly only in gold chains and under mattresses.
If we don’t, there just won’t be a market, anymore.
I stopped telling colleagues to “invest at least 10%” and “at least get the 401k match, it’s free money” about three years ago.
After this bubble bursts, I’m honestly not even sure the concept of 401ks will survive.
The future of common people’s investing is very possibly only in gold chains and under mattresses.