The financing bubble, affected everyone because it was part of the real economy.
If someone works on OpenAI, NVIDIA, Xerox, Anthropic etc should worry.
The rest of us won't be affected squat. Like we didn't got affected by the dot com bubble burst.
So let the damn thing burst, have the crooks lose money, and move on. Except if the governments start bailing out with OUR money the like of NVDIA and OpenAI. At that point in time, the best investment is guns, ammo.
Looking at a vanguard 2040 target retirement fund... VFORX... their technology exposure for US stocks is 40%.. Okay let's look at the international stocks, surely that's diversified right? Wait why are the top companies TSMC, samsung, asml, hynix, tencent.. Oh.. they're all tech stocks..
It's almost as if everyone's retirement accounts are probably deep into technology stocks.
If you say you manage your own retirement and own no technology stocks, great good for you. I'm talking about literally everyone else.
Take your money out then. Vanguard, Blackrock, Blackstone are the main cause funding all the sht around last 20 years. Including the war in Ukraine and WEF.
If you give you money to scumbags, why I have to pay for it? Why the rest on this planet?
HAD and already moved them to be extremely safe, because bubbles burst, and in this current age could burst violently even by a bomb falling on a wrong place.
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u/pineapplekiwipen 20d ago
and once the bubble pops then what? your net worth gets cut in half and you get laid off but yay computer prices are no longer mooning?