• DeckPacker@piefed.social
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    4 hours ago

    Funny thing is, the US government doesn’t even have nearly enough money to bail all these mfa out. So we are heading into uncharted territory here

    • OberonSwanson@sh.itjust.works
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      3 hours ago

      Of course they don’t, that’s why they’re building bunkers. Thinking it’ll slow us down, as we’ll open their bunkers like cans of tuna. A bunker only works for so long, then the survivors start hunting for them like delicious shipwrecks.

      • Imperious_melange@lemmy.world
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        3 hours ago

        I don’t think the bunkers are to avoid bad financial decisions, more so to stave off something like rogue ASI or a biosphere collapse which in any circumstance won’t work in the long-run.

    • Arghblarg@lemmy.ca
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      3 hours ago

      And that’s why they’re trying underhanded tactics to inflate earnings and IPO directly into the index funds, so every American’s 401K will legally have to rebalance and invest in them. They’re racing to fleece retirement funds before the bubble bursts.

      Not financial advice, of course :p but people should really consider getting their stuff out and into self-directed funds or whatever it is US people do to not depend on auto-allocated funds.