Market correction incoming! Probably within the next month. All the AI hype has tapped into 401ks and retirements. This crash will wipe out boomers nest eggs. Millions of broke boomers will be wandering the streets looking for handouts!
>>543745569oh look, its this thread again
it will be a 10-15% crash, after it only just pumped for some fucking 40% over the last months, kek
>>543745569I'M FROM CHICAGO, AND I SAY: KILL 'EM ALL!
>>543745569>All the AI hype has tapped into 401ks and retirements. This crash will wipe out boomers nest eggsStealing what little remained of Americans' savings and pension money was the kikes' *plan*.
all crybaby republicans will dump their stonks if they lose in november
>>543745569October is seasonally a weak month. A drawdown is expected then we are off to the moon the rest of the year.
>>543745569Its gonna pump up into infity nascrack 100 60000 points +50% in a yearShit piss 500 32kEternal money printer, 401k influx with every month several times still will continue
>>543745569No. It crashes next year after openai goes public.
>>543745569I Hope i want to buy at better prices
>>543745569The real time bomb isn't the stock market. It's private credit. The entire AI bubble is fueled by unprecedented debt with no hope of being payed back. Oracle has essentially already defaulted. The dominos will go: private credit > private equity > regional banks > big banks. The stock market will be last to fall. Watch bond yields. The U.S. 10-year is a signal of stress in the broader debt market, not a driver.
funny how you posted this on pol and not biz because you would get torn apart by people who have some semblance of knowledge about markets there
>>543746795I think both will take a hit.I love the boomers saying the market will never crash. Fucking dummies have no idea that the first data centers with nvidia chips will be obsolete by next year with no ROI to speak of. Lol. Enjoy financial purgatory until the bubble bursts.
>>543746633When the time comes to buy you wont want to, how many people sat on the sidelines april last year because "trump isnt backing down on this" was their thought process.
>>543745569>Two more weeks!What's your net worth and where have you positioned your assets to survive this?
>>543746869I posted it on pol because a market crash that wipes out retirement is political. But wr should get some biz posters in here. I had so much fun doing "I told you so" after derek chauvin went to jail for the whole floyed thing. Im gonna do the same after this crash.
>>543746963>a market crash that wipes out retirementSounds like you didn't plan all that well for your retirement then. What have you invested in?
>>543746937All my assets are in property. Zero in the stock market because ive seen the shell game for what it is. Enjoy all your wealth tied up in the stocks. Its like a casino, they'll let you hold onto it for a while because they know they'll get it back.
>>543747032Im 42 and no where near retirement. Ill keep doing what im doing because its working well so far.
>>543745569That would be great. If the AI stuff crashes (it won't) I'm just going to sell all of my possessios, start working two jobs, and selling blood and semen to buy up all that stuff even as it's falling. This is just the beginning. >Grandpa, why didn't you invest in SI when it was new?
>>543745569IN2WEEKS
>>543747150Railroad investments turned a profit because rails can sit there for 100 years with trains going over them. Nvidia chips have a extremely short self life.The first data centers will be obsolete by next year and require all new hardware. Which on the surface sounds like a win for Nvidia because their chips will always be needed. But again, unless theres a substantial ROI (there hasnt been) the music will stop
>>543747046What sort of property? When this big stock market crash happens do all my stocks become literally worth zero and the companies all just disappear? How exactly do you suppose that works?
>>543747254AI is already a 600B a year industry. Not sure why you feel that everybody is going to suddenly abandon it.
>>543747274Lol. Don't worry about me my guy. Ill be fine. Just keep an eye on all your graphs :) You dont have to believe me. I dont care. But if you cant see the circular financing, the claims that "agi" has been reached (it hasnt) and now the huge stock buyback, then your ngmi
>>543745569> Millions of broke boomers will be wandering the streets looking for handouts!I will hand out nothing.
even the worst recession will only lay off 15% of people and will last less than 6 monthssuck it up and just play golf lol
>>543747324ROI
>>543747352Kek.
>>543745569
What crash? Bailouts will just happen, as usual.
>>543747333You just proved you have no idea what you’re talking about lol
>>543747541Ok. Sure. You should definitely invest more money. Lol maybe mortgage your house for the billionaire chinaman in a leather jackets that's DEFINITELY not lying to you.Hahahahaha
>>543747333That all sounds very scary. So you figure Berkshire Hathaway just vanishes in 2 more weeks when that happens and Exxon Mobil just packs up all their land, infrastructure, and oil and fucks off to another planet or something?>>543747368Back when the .com "bubble" ended people didn't just stop using the internet and then all of a sudden there's no money in it.But tell us about the ROI on all the real estate you own. How does that look for cash flows?
>>543747046>All my assets are in property>Enjoy all your wealth tied up in the stocks>The rampant greed could never affect me>Jews immediately pump variable interest rate loans>Nigger golem rentoids destroy the property from inside>Local government pumps property tax to 15k a year even though the house is a dilapidated shithole akin to an NYC bodega>Insurance companies pump the cost based on inflated value from the local government and take their rental cut>jewbank robosigns foreclosure papers>title is fraudulently transferred by a local criminal chink before they can even auction itheh. you faggot. always remember your own advice>they'll let you hold onto it for a while because they know they'll get it back.
>>543745569A crash would be good. But its not going to happen. Its literally the race to the holy grail. Civilization will pour all its wealth in pursuit of this godlike power and it will either fail and crumble into anarchy or it will succeed and be destroyed by the power it seeks.
>>543747658No, they didn't stop using the internet but a lot of money still disappeared overnight. There were old people planning on using that money for retirement that couldnt. Im not saying the country is going bankrupt, im saying the correction that's undeniably incoming will wipe out nest eggs. Shmita.
>>543746399>then we are off to the moon the rest of the yearRetard alert. The DOW is going to 1k where it belongs.
>>543745569K.. KEEP ME POSTED
>>543747717I'm, im not a residential landlord. Lol. I own commercial property and land. But yes, jews could also (and do) fuck me. Theres no financial path that keeps you safe from jews.
>>543747806So when you're planning on retiring in the next couple years you position your portfolio into volatile new industry and high growth stocks? You seem more and more financially illiterate with each post, but do tell us more about your real estate empire and how those cash flows look now and how they'll weather the storm of the financial Armageddon that's coming in 2 more weeks?
>>543747911Lol. Guy. You seem upset at the idea of a stock market correction. Maybe you should hit up another thread about Mexicans or something. You obviously dont believe me, that's OK, i think your wrong too. Im gonna keep doing what im doing because im 42, nowhere near retirement, and its been working out good so far. Good luck with the market, i hope.ai makes you a millionaire.
>>543747658The internet is basic infrastructure people use on a daily basis.AI data centers are at best included in the workflow of some corporations just because it got so hyped and they need to be on "the latest thing". But they got plans that were at subsidised costs, once the real costs get priced in, a lot of those firms will cancel their AI plans.Frankly I don't get why so many have rushed to replace developers with AI, sure it cuts costs, but you will still pay the price down the line, when you won't have trained new devs and the real price of AI plans shoots up. And the datasets become stale and you need something the AI doesn't offer.And it's not like the world needs more software faster. I haven't noticed any software boom since the AI thing got integrated in development. They just produce about the same slop but at lower costs. And people are poorer which is awesome.
>>543747993OK, I'll bite, I've got about half a million in Exxon Mobil, a couple mining stocks, and Berkshire Hathaway. Unlike real estate that's 100% liquid and I could turn that into cash before lunchtime Monday. Describe how I could throw that into real estate this week and protect myself from the crash that's 2 weeks out.
>>543748215It sounds like you have it all figured out. Youre a financial guru and the stocks will only go up. I will be poor forever. Lol
>>543747658.com was 2 things. Fiber expansion which was unused for years and every company becoming an internet company. Fiber is useful even after it crashed and now we use the cables today.Internet business are only as good as their initial customer buildup is. Everyone threw money at internet companies in hopes they survived. AI is the exact same. Hundreds of new AI companies a month. Everyone wants to get ownership in the next winner. You know what the big winners of .com bubble were? If you are a early 30s boomer like myself you might remember them. Pets.com, webvan, boo.com, broadcast.com, kozmo are just a few that I remember being huge and now are gone. The real goal of the ai bubble is buying the companies that can survive the crash or the ones that enable ai companies like how Cisco and Microsoft enabled .com. Or in other words the modern versions are Nvidia, AMD, SK hynix, micron, samsung. The issue I see is that the hardware made even 5 or 6 years ago is outdated today. It isn't going to be like fiber where it can lay unused for years. I think boomer economist refers to this idea as selling the picks to the gold rush.But the big problem I see with AI adoption is that for the average person you do not need paid AI services. I personally cannot find much of a use for AI in my personal or work life. At best it can write me .ps scripts if I give it parameters to create a custom AD query to spit out in a format I want without having to think about it. And once I have that script I can just edit the format to fit other things rather than use AI to make more .ps files. Most of the time it is wrong or misses key details of other aspects of my job. Making changes on 30 year old domains has a lot of unintended consequences and maintaining AD is just one of hundreds of task I handle as an IT clown. And if I cannot find many uses for it then either normies are retarded or the vast majority of jobs do 4 task which will eventually be automated.
>>543748020AI development makes sense in the age of quarterly earnings. Lower salary. Less expense. Higher profit.At the same time your customers also are slaves to the quarterly cycle. If your product nosedives in quality or skyrocket in price then it is not as if your customers can drop their infrastructure which they know works for a competitor. Broadcom with vmware for an example of this.Same idea pushed on normies with their personal spending of having everything delivered or on a subscription. It is far more profitable to spend a few years of no profits to hook customers and then have a customer that is unable to leave.I am disgusted when I see normies speak about how they pay a $40 month subscription to watch some slop show on an exclusive streaming service just to them prattle on about how they have 4 others they use to watch 1 or 2 shows each.But this is also evidence that the consumer and corporations have excess money that can be extracted with further fees and subscriptions which means that the bubble marches on. I will fear the bubble popping when I start to hear normies kvetch about dropping subscriptions. I live in a rural area where people shouldn't have much excess money and haven't heard it yet so the bubble grows.
>>543748301So you came in here to warn us all about the imminent stock market crash and won't even share specifics of your investment strategy we can use to survive it?
u guys dont know anything about marketsamateurs in all things, amateurs in lifeme? i'm an expert. i know everything, i'm wise.
>>543749459>the average person you do not need paid AI services.And yet all the companies that produce goods and services you use every day are replacing low-tier Jeet phone support and other dalit work with it right now. Your phone uses Gemini/Siri, your last web search used AI.Which AI company today that's alive 10 years from now isn't terribly important to me but someone will be and it'll likely be whomever can pick up the big institutional and government contracts first as those rarely move once in place.The real gains from all of this is every other company using it picking up efficiency.
>>543749723Interesting approach and I agree with most of your post. I just see it happening sooner than later. And it will be a large crash.
>>543750617>ai support>Moffatt v air canada You didnt get the memo. Lmao
>>543750413I already did. I dont invest in markets. I was just being nice and giving boomers a heads up. Its not my job to make everything better.
>>543746937Why is there a potato?
>>543745569I've decided AI hype isnt hype. WW3 is coming. AI is being pursued so aggressively because the majority of the war is going to be fought by drones initially, the drones with the best AI will kill the other drones.
