• turtlesareneat@discuss.online
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    1 day ago

    And it seems awfully like the AI bubble is about to correct which means the stock market will notice what we all know too well. Stagflation is here.

    • The Quuuuuill@slrpnk.net
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      1 day ago

      this is something far more intensive than stagflation. they’ll say it’s just stagflation at first, but this is a full blown economic depression. not even just a recession. we’re talking full blown economic collapse a la the 1930s or 1840s

      • shalafi@lemmy.world
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        24 hours ago

        The parallels are stunning, both political and economic. Seems we have to do this shit every hundred years, after the very last of the people who remember the last phase have died.