Because economist and even business leaders don’t actually have any control over the economy. They try to predict it and make changes, but they have no real power as was shown by COVID and the Ukraine war.
WalleyeWarrior
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Cake day: January 3rd, 2026
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2·9 days agoAnd their entire value is based on them having committed all their future shovels for the next 8 years. So what happens when all those contracts are cancelled because the buyers are bankrupt?
Enron was #7 before they collapsed. Nvidia will be the hardest hit when the AI bubble pops
22·15 days agoAlexis de Tocqueville pretty much predicted this 200 years ago when he did his study on democracy in the US. He pointed out that there was nothing in place to actually enforce the separation of powers and it would take only one despot to throw the whole thing in the trash. The only thing that would surprise him today is how long it took for America to reach this point.
Dominicans, Puerto Ricans, and Cubans mostly