this post was submitted on 20 Feb 2026
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[–] kingofras@lemmy.world 130 points 1 month ago (6 children)

It’s called Imaginary Economics.

It tends to happen right before a capitalist system fails.

[–] victorz@lemmy.world 68 points 1 month ago (2 children)

It tends to happen right before a capitalist system fails.

How often does this happen that we can claim this correlation? 🤔

[–] Venator@lemmy.nz 30 points 1 month ago (2 children)

About once every 350 years... With a sample size of 3... 😅

[–] victorz@lemmy.world 10 points 1 month ago

Better than no samples I guess!

[–] Cocodapuf@lemmy.world 5 points 1 month ago (1 children)

So you're saying which empires/systems exactly then?

Spain perhaps? The Holy Roman empire?

[–] Venator@lemmy.nz -2 points 1 month ago

I was averaging roman, British and Mongolian empires, based on Google AI summary, so take that with a pinch of salt 😅 🧂

[–] blah3166@piefed.social 26 points 1 month ago

Can I coin the term imagineomics?

[–] boatswain 13 points 1 month ago

[citation needed]

[–] 1984@lemmy.today 11 points 1 month ago

When has this happened before?

[–] UnderpantsWeevil@lemmy.world 7 points 1 month ago (2 children)

I'm not holding my breath.

We've been hearing about an AI crash practically since the hype train started.

[–] vaultdweller013@sh.itjust.works 7 points 1 month ago

People can see the trends and see how it will probably break down in some way, the problem is that the market can stay irrational longer than we can stay solvent. It helps that these dipshits seem to have forgotten that money equals abstract resources and creating new resource issues that'll certainly put pressure on them in a more direct way either through legislation or via sabotage of required infrastructure.

[–] daddycool@lemmy.world 2 points 1 month ago

It's the biggest bubble seen to date. It has all the characteristics, and it will crash eventually.

[–] BreakerSwitch@lemmy.world 2 points 1 month ago

Is this a thing? Because what comes to mind for me is "the market can remain irrational longer than you can remain solvent," which just happens sometimes