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/pol/ - Politically Incorrect


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>SoftBank Group’s market value halved from its peak in June, as higher borrowing costs fuel investor concerns over the sustainability of its massive investments in artificial intelligence.
https://www.japantimes.co.jp/business/2026/10/22/companies/softbank-market-value-halves/
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>>544758096
Even if the "AI bubble" pops it won't matter to AI corporations because American taxpayers are already preemptively on the hook for bailing them out thanks to The Genesis Mission
https://www.whitehouse.gov/presidential-actions/2025/11/launching-the-genesis-mission/
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>>544758180
this might be anti semitic ill have to check with my local rabbi.
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imagine not having sold already kek
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>>544758096
did nobody learn their lessons from that faggot "tech" bank that got bailed out some years ago?
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>>544758180
Taxpayers don't have the money. We can't even fund the federal government each year.
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>>544759357
Global debt market has been wildly unstable and volatile for 4 straght years (SVB was but one U.S. national manifestation of all the toxic balance sheet assets throughout the banking system).
Current AI bubble *began right after the SVB collapse*, mid-2023. Let that sink in
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>>544760186
>money
There isn't any.
Fully half of the annual $2.2 trillion U.S. federal budgets approved by Congress go to Interest Payments on the debt (of which IRS annual intake revenue can't even cover a tiny fraction of)

U.S. Congress—the arbiter with top constitutional control over purse strings of fedgov spending—doesn't "have" any money for everything it rubberstamps: the currency is "printed" *as [additional] debt* every year
tl/dr U.S. federal government is beyond broke, and headed towards the brick wall of total default 4 years from not
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>>544760614
>from not
from now*



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