- cross-posted to:
- usa@lemmy.ml
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It all just fucking debt it’s insane. Might soon be time to pull out of the market.
I’ve got several thousand in savings that I normally would put directly into the market, but I know the bottom’s gonna fall out on this shit anytime soon now. Sure, maybe I lose/have lost a year or so of gains, but this crash would borderline bankrupt me. RIP my IRA and may de-dollarization only accelerate so I can go and convert my USD to RMB.
I wonder if “biggest” conflates with the actual highest mobilisation of physical resources or if there is a lot of financialisation going on.
I think they mean largely financial, but also it does look like a lot of construction that’s actually going on in the US is focused on the data centres now.
It’s just like the rail or fiber rollout except empty data centres will be repurposed into private prisons.
lol probably
empty data centres will be repurposed into private prisons
neoliberal dystopia in a nutshell
I hadn’t thought of this possibility, but it makes a disturbing amount of sense.
This shit inflating more like that chewing gum girl from the willy wonka movie starring johnny depp
