Now, I know precisely fuck all about international finance, AI, investment banking or any of that stuff, but I reckon if you were to draw a diagram of how CDOs were layered during the sub-prime crash and then shuffled back and forward across the markets to hide the colossal tsunami of debt that had been created, then applied it to AI companies, it would look something like this.
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@fkamiah17 as a friend economist said: this is not 2008 bubble, it's the 2000 dot-com bubble.
Still a bubble though.
@rysiek I saw a report last week predicting it would actually be *seventeen times worse* than the dotcom bubble.
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