| ▲ | feverzsj 5 hours ago | |||||||
It's kinda too big to fail in US now. If it bursts, US will decline quickly. | ||||||||
| ▲ | nixon_why69 5 hours ago | parent | next [-] | |||||||
It's not, though. The banking system holds onto everyone's money in a fractional reserve system, if you let a run on the banks happen everyone's money is gone. That's "too big to fail". If anthropic and openAI fail, the top 10% lose half their money in a stock sell-off. That's perfectly tolerable. Maybe congress bails them out anyways but they don't have to. | ||||||||
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| ▲ | nxm 4 hours ago | parent | prev [-] | |||||||
So you’re going to be shorting AI stocks? | ||||||||