If the AI bubble bursts, there's a high chance the Everything Bubble bursts right after. And then USD goes gg.
I think part of the problem is investors are counting on infinite bailouts because AI is too big to fail. But that also causes USD erosion.
I have no clue what is the way out no matter who is in the driver's seat. And speaking of that, we had a decade of incompetent people in key positions at the Fed/Treasury, BoE, and CBE.
I think part of the problem is investors are counting on infinite bailouts because AI is too big to fail. But that also causes USD erosion.
I have no clue what is the way out no matter who is in the driver's seat. And speaking of that, we had a decade of incompetent people in key positions at the Fed/Treasury, BoE, and CBE.
But "nothing ever happens".