Sweaty_Bird481 t1_jegmsub wrote on March 31, 2023 at 9:39 PM

Reply to [NSFW] The whole tech industry is shitting their pants right now by why_is_not_real

>nsfw tagging your skitzo post

fracking 10 mate

Sweaty_Bird481 t1_jefew0l wrote on March 31, 2023 at 4:47 PM

Reply to I shorted the Nasdaq AMA by Curiousdude925

Shorting the entire market lol. Bears getting what they deserve.

Heres a question. Why don't you quit being a contrarian? You know you can just ride the train instead of constantly getting run over by it.

Sweaty_Bird481 t1_jefe5yj wrote on March 31, 2023 at 4:42 PM

Reply to OK analyst by Affectionate_Lab_425

The rich psychopath fears the homeless skitzo, for only he knows the truth behind the wealthy man's power.

Sweaty_Bird481 t1_jeezio1 wrote on March 31, 2023 at 3:07 PM

Reply to "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

>two more weeks

Margin calls got all these bear regards on suicide watch rn lol. Economy's doing fine. Banks are fine. Everything is fine. You are throwing your money away.

Sweaty_Bird481 t1_je61of2 wrote on March 29, 2023 at 5:46 PM

Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn

I agree.

We already saw this with COVID. If you can lay off the useless eaters for awhile, the market skyrockets. This is especially true for the type of paper pusher jobs AI is looking to replace.

There is no reduction in actual commotities being produced, since these people produce nothing of tangible value except billable hours. They are also generally upper middle class, so even if they start collecting gibs, it won't be anywhere near the amount they were getting while working. Might cause a bit of a mortgage bubble but whatever. Biden will bail them out. I'd say the biggest sector that will suffer is consumer grade "luxury goods" like fashion. Cars are already fucked so who cares?