What's the next major bubble that's going to pop?
Alternatively, what's a huge bubble that people aren't really talking about?
491 sats \ 3 replies \ @siggy47 30 Oct 2023
Next bubble to pop?
U.S. pension systems
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700 sats \ 0 replies \ @carlosfandango 30 Oct 2023 freebie
European welfare budgets first…. Completely unsustainable with an aging and ailing population.
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410 sats \ 1 reply \ @Undisciplined OP 30 Oct 2023
Any type in particular? Defined benefit, municipal, union, etc.
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509 sats \ 0 replies \ @siggy47 30 Oct 2023
Calpers is in deep trouble. Any of the State pensions systems are suspect, since they are underfunded. I would say state municipal are the most vulnerable, then private, depending on the company.
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175 sats \ 1 reply \ @SimpleStacker 30 Oct 2023
Artificial intelligence, probably. Too much hype relative to actual deliverables in the near term.
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0 sats \ 0 replies \ @Undisciplined OP 30 Oct 2023
I agree. New tech tends to go into a bubble, even if it is ultimately promising. It's really hard to forecast nonlinear phenomena like technology growth and adoption.
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172 sats \ 2 replies \ @bitcoin_rationalist 30 Oct 2023
I think this war in the Middle East is going to escalate and lead to lots of US đź’´ printing which is going to kick up inflation.
Sorry didn’t really answer your question.
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10 sats \ 1 reply \ @Undisciplined OP 30 Oct 2023
Presumably that means dropping interest rates, right?
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172 sats \ 0 replies \ @bitcoin_rationalist 30 Oct 2023
I’m guessing that in this environment rates would remain high until something breaks (like the job market, or systemic bank failures or something…kinda like what could happen soon even if we don’t go to war)
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