re: Stock market at record highs

You aren't following me at all. The big 4 investing IN anthropic, OPENAI, and their own LLM models along with the huge expansion of data centers which is inflating NVIDIA and construction-related companies.

Sure the other companies are invested too, but the capital flow is being driven by the big 4. And once losers are decided - that loss cascades.

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This doomsday scenario that the economy is going to crash so hard that the government has to become authoritarian to prevent civil unrest is ludicrous. It's nothing but a fantasy for the easily panicked.

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Are you paying attention at all? Digital currencies? Data tracking? What do you think happened after the 2008 crash? The government helped big companies consolidate more power. The cycle is repeating itself, but this time the winner(s) will have much better tools for consolidation and control. i’m starting to think that’s not an accident.

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Had the hyperinflation discussion with my FIL since he lived through it in the 80's. People were paying off house loans with a single paycheck, but had trouble buying groceries.

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are you suggesting we had hyper inflation in the 80's your FIL must have high off acid, paying off house with a single check and struggling to buy groceries. having been 19 when the 80's began and 29 when they ended i don't remember any of that. maybe you could enlighten us with some specific examples.

when i asked you how old you were in 1979 why didn't you just tell me you weren't born yet, the reason you didn't is because i would have simply dismissed you having not the lived experience to put the embassy seizure in it's proper context.

you're an idiot boy and so is your father in law, did you marry his son or his daughter?

People had twice the buying power in the 1980’s than they do today when compared against the biggest purchase prices

people who think that 1980s remotely compare to today are retarded

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When was this?

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21 - 23.... I'm not referencing anything, but I know part of it occurred during the > $100 Tahoe fill-up days... remember those?