• UnderpantsWeevil@lemmy.world
      link
      fedilink
      English
      arrow-up
      8
      ·
      10 hours ago

      I’ve been hearing about the imminent crash for the last two years. New money keeps getting injected into the system. The bubble can’t deflate while both the public and private sector have an unlimited lung capacity to keep puffing into it. FFS, bitcoin is on a tear right now, just because Trump won the election.

      This bullshit isn’t going away. Its only going to get forced down our throats harder and harder, until we swallow or choke on it.

      • thatKamGuy@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        1
        ·
        28 minutes ago

        With the right level of Government support, bubbles can seemingly go on for literal decades. Case in point, Australian housing since the late 90s has been on an uninterrupted tear (yes, even in ‘08 and ‘20).