"The Great Depression is not called that because of a stock market crash in 1929, but because the unemployment rate soon rose as high as 25% and suicides go up during recessions. Trump has unleashed immense danger upon the world in many different forms, and the message from debt markets today is unambiguous."
"We are seeing bonds again failing to provide protection against risk-off events, even as gold delivers. A lot of the focus today is on the depraved stock market being flat to slightly up, but this is a perfect example of how our stock market-brained media is horrible at telling you what really is going on."
"The stock market has been rattled recently by fears that AI spending is way out over its skis, and the market has pulled back in the face of new multi-billion dollar data center spending announcements by Google and Amazon in recent weeks. There is an entire multi-year separate AI narrative which has entered a new phase that is radiating serious fears throughout software stocks."
While immediate military threats in the Middle East demand attention, economic dangers from potential financial collapse warrant equal concern. Historical parallels like the Great Depression demonstrate that economic crises cause substantial human suffering through unemployment and increased suicide rates. Recent market volatility reflects multiple pressures: concerns about excessive AI spending, significant data center investments by major tech companies, and broader inflation fears. Bond markets are failing to provide traditional risk protection, while gold remains a reliable hedge. Stock market metrics alone obscure underlying economic instability and systemic risks that could affect hundreds of millions of people globally.
Read at Jezebel
Unable to calculate read time
Collection
[
|
...
]