
that’s the question lol. at a baseline we could probs guess first term DOWJ peaks at a minimum. all AI growth didn’t really start till Biden but it’s gonna hit hard enough that we will likely see 2016 prices. at least in tech tbh it kinda becomes a question of how much will turn into state ran shit just so it has money to keep going, like cell and internet infrastructure. the floor shoudlve dropped out at any point in the last ~3 years so we are in rather uncharted territory
we aren’t seeing super positive indicators of the economy on the ground level but we also just broke 50k on the DOW last week. it’s hard to say. retail consumer isn’t really slowing down despite job growth not keeping up. platforms like Klarna are really fucking things. makes it all feel fine but if everyone is putting their chipotle on layaway and can’t find work then it has to give at some point federally backed infrastructure will be a saving angel bc it’s gonna be the only way we
support such a large and relatively illiterate class of new workers coming out of Gen Z. but how likely are we to recover and how deep will it get? if it sticks to a post Obama stock market i think we could recover. if we fall in the realm of or past 2008… don’t forget your shotgun on the next grocery run
i mean you can take it away at any point but it really only hurts the little guys. people with value are gonna go help and invest in others one way or another. the stock market is just a medium for value exchange and has an easy to use means of making transactions (USD) we can go back to trade at any point, and many do still just trade. it just takes away the opportunity from those without the means to trade (workers). are also gonna see a major breakdown of supply chain that way, not good
I’m talking about overhauling the primary socioeconomic structure of the nation, forcibly if need be. if things remain under capitalism, you’re absolutely right; but why do we have to retain capitalism? maybe it’s natural lifecycle is finally coming to an end, as has nearly all previous systems that preceded it; I think that we should help that end along, rather than try to extend it. I fully agree about the richest amongst us, and the solidarity they have - but in a just world there would