Comment on $1.8 trillion was wiped out from the US stock market yesterday, where did it go?

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3abas@lemmy.world ⁨1⁩ ⁨week⁩ ago

If you believe the capitalist assertion that stock always go up, sure. If you’re not close to retirement and aren’t counting on those funds anytime soon, sure.

I believe the AI circular financing bubble isn’t meaningfully going to turn a corner and become profitable enough to pay the debts already accumulated, and once it truly pops that money will never come back to the average investor trusting the financial bros to put all their eggs into that overinflated basket.

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