i saw this graphical articulation of economic bubbles a long time ago, and i've thought about it a lot over the years. especially the peak moment / "New Paradigm" moment of maximum mass delusion, where it feels like everyone you see on the street is leveraging their entire ass to buy more securities and bragging about the infinite growing future.
chapotraphouse
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Vaush posts go in the_dunk_tank
Dunk posts in general go in the_dunk_tank, not here
Don't post low-hanging fruit here after it gets removed from the_dunk_tank
this matches the first GME squeeze run nearly exactly
Harvard economist Milton Friedman pronounced him “the greatest economist the United States has ever produced.”
I think Irving Fisher is universally respected by (not Marxist) economists because conservatives like his pre-depression stuff and liberals and progressives like his post-depression stuff. He lost everything, millions of dollars, in the crash, and he was a fund manager so he also lost millions of other people's money too.
It's well known that what goes up never comes down.
This AI grift era seems like it has a ton of legs left tbh, could probably keep milking it for a few years
Eternal growth is true, praised be the invisible hand!
Made it past 3T and passed Apple. Still second to MS.