• hitmyspot@aussie.zone
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      10 months ago

      Well, as someone who expects it to pop soon, I’ve taken all my superannuation (Australian pension) out of stocks and shares and put it in bonds, and cash. It won’t make it pop, but it hopefully protects me when it does. If everyone did that, it would pop. Obviously, many are, given the price of gold. It seems bitcoin could be at risk of a pop too, given last week. I assume both will happen at once.

    • neukenindekeuken@sh.itjust.works
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      10 months ago

      It’s a giant game of chicken for everyone in the market right now.

      Nobody’s making moves like AI is about to pop, because to do so would cause AI’s bubble to pop. So everyone leaves it in the market while it’s skyrocketing up on AI hype hoping they can time their exit from the market before everyone else is left holding the bag.

      Once it starts, and hedge funds start to acknowledge the bubble and rebalance their assets away for the safety of their investors, the house of cards comes down.

      How long will that take? Who knows. The housing bubble was known and lasted for years before it finally popped.