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AI bubble could burst and take global economy with it, IMF warns
(www.theregister.com)
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this post was submitted on 21 Oct 2026
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Fuck AI
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Yeah the "business" tycoons do that every decade or so. Some busts are bigger than others. Not much any of us can do about it unless we tax the hell out of corps and wealthy so that they can't build enough self serving shit to then dump the economy once they've scraped as much money as they can in the current cycle.
I'm convinced at this point the goal is to just not use money. Why do we have to be tied to this shitty fiat currency that isn't directly tied to physical worth?
Yep, that's the point at which people will recommend gold (which I've never trusted, either) or real estate so you're not homeless when everything goes poof.