[-] FragrantGarden@lemmy.today 13 points 10 months ago

Not percentage wise though. Their money moves the markets and it'll be them getting out that tanks your index funds. They'll rotate into something else while you wait 8 years to get back to even because AI stocks were 40% of the market and what they run up next is only 5% of your portfolio.

It's got to be near a top, but news like this makes me feel like they're looking to drop the market for one more final push though.

[-] FragrantGarden@lemmy.today 21 points 11 months ago

Lol I'm only loosely an ally and I'll hang that fucking flag so high

[-] FragrantGarden@lemmy.today 8 points 11 months ago

But do the cabbage worms fuck with it?

[-] FragrantGarden@lemmy.today 10 points 1 year ago

The profits. They know current AI is LLM but the goal is to drastically increase computing power to crunch your data against you and dynamically price your life against you. Ad revenues aren't growing anymore and they need another way to make more money off the massive piles of data they have.

[-] FragrantGarden@lemmy.today 11 points 1 year ago

Correct, and greater consolidation. This has already been a long trough in the cyclical cycle. A ton of older ranchers are looking at the prices and just selling with no intent to calve another herd. Not a ton of young people lined up behind them. But economics will dictate that the herd is built back up in another 2-3 years as always.

[-] FragrantGarden@lemmy.today 14 points 1 year ago

Not the most fair comparison. Cattle herd is smallest it's been in 60+ years and prices haven't gone high enough to reduce demand enough that the herd can rebound yet. You'll see higher beef prices for another 2 years before things calm down again.

[-] FragrantGarden@lemmy.today 17 points 1 year ago* (last edited 1 year ago)

Insurance also tried to kick me off and deny coverage because of a cancer diagnosis as a child. My poor mother. 👨‍🔧

[-] FragrantGarden@lemmy.today 9 points 1 year ago

NSA take note, we can Luigi you too. Sit back and let the oppressors perish and it will stop with them.

[-] FragrantGarden@lemmy.today 9 points 1 year ago

Dude is an idiot but I'm all for this one. Oil based, get that shit out of my snacks.

[-] FragrantGarden@lemmy.today 14 points 1 year ago

It may be today, but a strong middle class is what placates the working class. Give em something to shoot for so they won't shoot you.

[-] FragrantGarden@lemmy.today 45 points 1 year ago

Didn't this guy say he was a free speech absolutist!?

[-] FragrantGarden@lemmy.today 12 points 1 year ago

Gotta give Russia the liquidity to exit its BTC positions if the war and sanctions will soon be over.

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FragrantGarden

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