CrimsonPermanentAssurance
32870
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Oct 28, 2025 9:12 AM
CrimsonPermanentAssurance
32870
824
8
Harm
Huh,guys? Where's Apple in this?
theskepticinme
Hank green made a recent video on this
ChewyChips1302
Why can't they just build their own island and circle jerk each other over who gets to be king each day and leave the rest of the world ALONE
karimitic
Huh, what is money anymore?
htapoicoS
Apple, Google, Amazon, Meta, Broadcom, Tesla...
FlintNorth44
This. The plan is to get rid of competition and make consumers only have neo-nazi driven brands to choose from. After a while they won't even need consumers and only deal with each other. What happens after that is not their concern (but it REALLY should be).
megodk
Wait, when did AMD get bigger than intel?
Ryyyyyyyan
I'm confident this is a bubble, but I'm not really sure how dangerous it is. But I did recently rebalance my retirement and investment accounts to put a lot more weight in international holdings, since they were almost entirely US holdings before now.
OnceBotheredTwiceShy
Rendova
But wait---there's more.
TungstenOrbital
And all it takes to bring down multiple things online is one internet service going down
CertifiedBonerDonor
Much like the show house of cards. The main guy diddles kids
katoutwo8
People say, how can we assess the value of unsold stocks for taxation?
But the banks evaluate the value of unsold stocks in order to guarantee loans...
Nope, I guess there's no way!
Wholivesinapineappleunderthetree
When did Obama and Biden do this?
CrimsonPermanentAssurance
The decisions both parties and all presidents since Reagan have brought us to this moment though Trump is the most stupid & shamelessly publicly corrupt.
TheOneAndOnlyButtStabber
Hey I work at one of those companies and they have done layoffs by the thousands for like 4 years now.
OhIfIMust
intaglioguy
Wall Street hedge funds have been shuffling their funds around the same way. But since they own the regulators, nobody's stopping them.
NeverDownvoteMelBrooks
The tech world has a long history of growth by circle jerk
NZSheeps
Don't forget the bit where Trump skims it for his "ballroom"
Thorketil
Shaodyn
And when this inevitably falls apart, our tax dollars will go toward saving them from their own stupidity. Again.
Bob122872
The US economy is seven companies in a trench coat.
NChomsky
OhIfIMust
Turns out, I'm not enjoying it very much at all.
GreenMnM
Funny enough that every single bail out for billionaire morons and their stupid companies they treat like personal piggy banks, not 1 single politician has EVER asked the constituency if its OK to use billions in tax payer money to bail out morons who spend billions on shit like controlling X or running banks into the ground
CrimsonPermanentAssurance
A few years ago, public opinion was shown to have very little effect on public policy at the federal level. Today I'd hazard a guess and say no effect whatsoever
GreenMnM
I'd imagine that the politicians are so far out of touch with their constituency that they're barely thought of. Maybe as an after thought. In meetings and official business their first thoughts go to "how can I profit from this" then maybe were thrown in after the fact. If there's room. Or money. Obviously that second one is in short supply. Thats why Argentina only gets 40B.
Illinifan88
Not the entire economy, but pretty much the entire tech economy.
Though there are a lot of stocks tied up in those companies, and when this bubble pops, a lot of people are going to lose a lot of money.
Septcanmat
“The entire economy” at this point because NVIDIA has become bigger than the entire pharmaceutical sector. When this bubble pops the shockwaves will be felt everywhere.
ItsATrap
Bubbles hurt everyone, even unrelated industries. Not only will the bubble pop hurt every public traded company in general, but the effect of that is slowing growth, which means layoffs and reduction in hiring for everyone, increased prices for everything to make up for the lost revenue to still try to meet financial projections across the board. So it basically is the entire economy. And the irony is NVidia will probably get a bailout, the trucking company that had to laid off staff wont.
elvisdumbledore
Any suggestions on where to invest today? So far all I got is... https://imgur.com/c98cUUT
CrimsonPermanentAssurance
Typically gold is considered the recession option
elvisdumbledore
hmm... the hour is later than it seems.
https://imgur.com/I86sth3
spitfires2000
Septcanmat
The Big Short was an excellent movie, for anyone interested.
Nukls
Hell of a trenchcoat
rbudrick
Vincent Adultman coulda ran it better.
SpaceMarineWithAnUrgeToPurge
Also the way rich people don't pay taxes is by taking out loans and using stocks as collateral and as long as the stock grows they don't have to pay back the loans, which most certainly are in the trillions at this point, which is why we live in an "infinite growth" economy. The bank uses these stocks for IRAs, 401Ks, and everything else they used home loans for prior to the 2008 financial crisis, and seeing as we live in a finite system where infinite growth is impossible, guess what's next.
CommodusLeitdorf
Its going to hit like a freight train and its going to suck.
Firestar002
I do wish they needed to pay some kind of ‘holders fee’ to keep the bank from ‘ending the agreement’. Even if it’s something like $5 per stock, that’s still money coming into the bank.
LogicalLimes
I really hate how it works too. It feels like a “it’s all a game and you gotta learn the ‘rules’ so you can win” sorta approach but I’m not that kinda person. I’m always the “why can’t we rewrite the rules or change the game?” I feel like ultimately though, it’s always been some version of this throughout history (ways of how the rich just become richer at the expense of the rest of us). :( I wish there were a way to change it.
TheDoctorCrankenstein
I suggest reading "Debt: The First 5000 Years" and "The Dawn of Everything", both by PhD anthropologist and political activist David Graeber.
The world doesn't have to be this way. We know what society without bureaucracy is capable of; they have existed before and can exist again.
AzothTheGuildRat
France found a way ;)
EstoyPoopis
Oh, the rules do change. But they set them. They.
AzothTheGuildRat
France found a way. ;)
BarryTheCyborg
Infinite loss?
Rubyrose99
Given the frequency of that comic on Imgur, yeah probably.
ThisNameUnavailable
Once again, you always still have to pay back loans eventually and pay tax on your income. Loans are not free money lol.
CrimsonPermanentAssurance
Someone doesn't understand how finance for the ultra rich works
ThisNameUnavailable
Says the person who also doesn't explain why that is so lol.
The only loophole to this is inheritance loopholes, which I agree should be closed, but that's not an issue with the loans, that's clearly an issue with the inheritance loophole.
SpaceMarineWithAnUrgeToPurge
On paper they do, but in reality the way it works is they take out a loan in the amount of the stocks they hand over for collateral, the loan will be more than their pay and dividends. Then they make a deal with the bank that as long as the stock price increases then it can be paid back later. Then, because they took out that loan, they can say to the IRS "Look, I didn't make any money this year, in fact I lost money." Because the IRS sees that loan not as income, but as a loss of income.
Higure
Here is a little breakdown / rant about that diagram: https://youtu.be/Q0TpWitfxPk
SavageDrums
www.wheresyoured.at goes in depth on this a lot.
YeahChillBeggingIt
Ed Zitron's been producing these numbers and some excellent rants (backed by hard data) on why this is a bubble. His last few articles have been about the circle jerk of $$$'s flowing in circles.
https://www.wheresyoured.at/
killbillsexwife
Tanks
kittyfajitas
.
sakm
Hank is great, if you want some additional analysis from specifically tech reporters, check out GamersNexus' video: https://www.youtube.com/watch?v=h3JfOxx6Hh4
CookieMonstersCrumbs
Definitely watch Steve's videos on the topic.
FiftyShadesOfArugula
Thanks for mentioning that the video is from Hank (Green, presumably). Otherwise I would have hesitated to click on a random YT link and potentially fuck up my recommendations for months.
Higure
You know you can delete a video from your history, right? And (allegedly) not have it be a part of the recommendation algorithm?
FiftyShadesOfArugula
Allegedly. That never seems to work for me
onushka
No Prob. As soon the bubble plops we will pay them out, like we have done it with the first internet bubble, the house market or the last financial Crisis. And once again, not a single CEO is being held accountable.
The11thPlague
How is it going to pop? A few people own everything, and they sit in the board of each other's companies. It is far more likely that they use that power to hike prices and drain us of every cent rather than compete with each other and fail. Aside from that, I don't recall any bailouts happening during the first internet bubble (aka the dot com bubble), it was completely different from the 2008 crisis.
hjortmar
Deferred Prosecution Agreements :/
bertchstudio
All of them step down or all of them are hunted by the kids
HamburgerTelephone
It’s entirely possible that there’s just too much to bail out when it pops and destroys the banks that are holding all the debt.
VagabondEngineer
Good news then! Congress can't pass a bailout bill while the government is shut down! /s
BARP
Yeah, there's a new thing we do to CEO's that aren't held accountable. Who's next, motherfuckers?!
lordnequam
Right now, that's just a statistical anomaly; takes more people willing to step up, and everyone is just waiting for someone else to be more desperate than they are.
NChomsky
Well, ONE got held accountable...
smooshiebanana
Each of us are going to be held accountable, even for idle comments online to appease and get your fellow murderous-minded people to like you.
NChomsky
Here's lookin' at you, kid
Affray
1)Those who tolerate fascists still end up on the trains eventually man. I also abhor violence but if they're such a threat to you that you
Affray
2)fully understand that they will hunt down people who speak ill of them then you're already fucked. Silence won't help you.
foxpotate
Wait til they gotta pay the piper and the missing blackrock chunk of the graph has to cash out on millions of empty homes that are almost or fully rotted out. You are gonna see formerly $1.2mil homes get sold as 25 grand per moldy shitshack. Cause ain nobody thought about upkeep.
bertchstudio
That's the idea
Developers are all racists, just trying to steal land
[deleted]
[deleted]
bertchstudio
Anyone considering "gain" is an actual monster
umpbumpfizz
They’ll just write off the difference between purchase and auction price as a loss and offset their taxes. They don’t care.
ProjectDA
good old carry forward IIRC. ill never be in the tax bracket to use it so its not top priority in my mind.
umpbumpfizz
Yeah… when my broker explained how they can carry forward tax harvesting losses on my portfolio FOREVER (if we don’t use them all in a given year), my jaw dropped. Sure, it’s benefiting me, but that should not be a thing.
The system is so fucking rigged.
ProjectDA
and its way deeper than just this too.
Pelican3
When you look at a home as a depreciating asset it only has to produce income until the investment is paid off and some arbitrary profit goal is met. Then you dump the asset. This might turn out to be a windfall for people willing to repair these homes. Sweat equity is still equity.
adiving
Depreciating asset? Having a apartment for just 1.5 year produced more net worth than saving up the rest of my life. So far I've put about 300 euros of my own money into maintenance.
umpbumpfizz
Are you talking about owning or renting an apartment?
adiving
I don't even know how I could be talking about renting >_>
Froggie243
Yes, but economy rules allow you to claim that the asset is being used and therefore reducing in monetary value (regardless of whether that's true) and then it's "value" becomes a "loss" and you get to claim its worthless (again, regardless of whether that's true). The one year of finance classes I took made me very angry.
adiving
I gained so much I couldn't even claim that... assuming that's possible in my country which I kinda doubt. That very much sounds like US specific nonsensery.