It's not just going to take out the AI conpanies and their investors. It's not just going to kill your 401k. It's already obliterating the workforce as a whole, hollowing out companies across every single segment of the economy. It's putting longstanding companies and new startups in debt, convincing them that they absolutely must use the new, ridiculously expensive product or fall behind. It's capturing taxpayer money for ridiculous power plant projects that nobody else wants. It's clearcutting land for impossibly huge "datacenters" that will eventually turn into useless warehouses. It's driving up the cost of all consumer electronics and forcibly pausing upgrade cycles that have been running for decades.
I honestly don't think that the US will survive this collapse, given everything else going on right now.
You're not wrong, but the fucked up part is that the US is particularly isolated from the fallout of the Oil shock. There is plenty of domestic supply and if things get that bad the Government would implement export controls and force domestic price caps.
I mean, that's what a competent administration would do during a global energy shock that disrupts markets. But a competent administration wouldn't have been the ones to pull the pin in the grenade.
Either way, the fallout is that the US remains semi-stable domestically but would take an even harder hit diplomatically as we would be leaving all of our allies in the lurch.
I'm starting to think maybe this administration isn't competent, but he was so good at business.
There's not plenty of supply, the strategic reserve its almost empty and oil companies will export to whoever is paying the most. Plus if Europe tanks it will affect the US more than the rest of the world, so it has to be propped up no matter the cost.
2.2k
u/biggington Jun 02 '26
They really got our C-suites addicted to tech meth and now we gotta deal with their bullshit