Can You Spell Bubble?

And this is just one company: Microsoft. Google is trying to sell $25B-$30B worth of bonds to the public to continue feeding its data centers spending frenzy.

Oracle, Amazon, SalesForce and others are doing the same thing.

Mike Johnson is imposing a vacation on the House and no one in the Senate can spell "Bubble", and Trump is only concerned about one thing: pardoning those who can make his family more money, with no concern over how this affects the economy short, mid and long term.

Yes, I know, the stock market loves all the spending today, because the fat cats don't care what really happens when the markets sobers up. But just as long as the Lincoln Bathroom is not outfitted with marble and gold fixtures and toilet.

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whowasthatmaskedman · 70-79, M

As much as you are correct in all of this, it is only reflecting the broader economy in America. The car market is distorted by sub prime (remember that word) lease loans and repossessions are soaring as we speak. Without these loans the domestic manufacturing market would have collaspsed a year ago. Similarly trucking and rail freight are suffering as agriculture is being trashed under tariffs and regional town economies are in freefall, with farm foreclosures looming as smaller operators cant get any more credit..Even operators like Walmart are closing some stores are shoplifting makes them unviable, therowing even more people out of work. Its getting harder to find a section of the economy that actually produces anything that is making money and has prospects for next year.. Pretty soom these AI data centres will be talking to themselves, wondering where the people have gone..😷

Northwest · M

@whowasthatmaskedman Over 6% of subprime auto loans are now more than 60 days delinquent, the highest on record.

Shaving blades at WalMart and Walgreens are more secure than the Louvres, and that is adding cost and causing. store closures, but that is a sign of a declining economy. Trump thinks he can fix it by sending the National Guard to protect my shaving blades, but it's not like stopping the thieves will make them pay for the shaving blades.

whowasthatmaskedman · 70-79, M

@Northwest Trump is trying to survive by making people too afraid to go outside. There simply is no way to "fix" the American economy. All the levers have been pulled. All the ammo is gone. The US$ is a hollowed out fiat currency and is losing ground daily to the new BRICS trading model that doesnt use $US. The metaphor that works well is the "Titan" submersible operated by Oceangate taking people down to the Titanic. It worked fine for a while, but they took shortcuts and ignored the warning signs. And the rich people who went down in it knew they were too rich and smart for anything to happen to them. And then one day, reality caught up and they had no way back up and you know the rest. "Ye canna defy the laws of physics" Of course, America will not be instantaniously crushed. But it isnt coming back up either. I will bet $40 Trillion on that..😷

FoxyGoddess · 51-55, F

I'm kinda glad I sold my salesforce and microsoft stocks then.

Northwest · M

@FoxyGoddess

I'm kinda glad I sold my salesforce and microsoft stocks then.

Long term, it's not a bad idea, short term it's going to keep going up. It's accelerating toward a solid wall and no one seems to care, or notice.

FoxyGoddess · 51-55, F

@Northwest I've had them since 2017and bought them cheap. I sold then last month as they were as high as they had ever gotten, so I figured it was time. I have other stock investments.

MethDozer · M

What's Microsoft Google?

Northwest · M

@MethDozer

What's Microsoft Google?

You need to read the remainder the sentence:

And this is just one company: Microsoft. Google is trying to sell $25B-$30B worth of bonds

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