General Discussion

pat_k

(14,294 posts)

63. The felon is shoveling billions of our tax dollars at AI to pump it up.

Thu Jun 11, 2026, 10:59 PM

20 hrs ago

And then there are the circular, incestuous, dot com bubble type deals inflating values.

As long as the corruption continues, America's all-in bet on AI is likely to keep the bubble pumped up. I'm not banking on this tho and have already shifted a majority into cash and distributed investment across consumer staples, emerging markets, a balanced small cap/bond fund, and the XMAG ETF (S&P without the Mag 7)

What will pierce the bubble is when it becomes clear that the government programs using it are more costly and error prone than without it and when companies figure out that they aren't just not getting expected ROI, they are spending more to clean up AI messes. They they start pulling back projects and news of it spreads. The former will not come to light while the felon occupies the WH. Not sure when the latter will start hitting.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

64 replies

= new reply since forum marked as read

Highlight:

longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all] paulkienitz Jun 4 OP

Sold my last 3 stocks. Moved money to a multigraincracker Jun 4 #1

You may be right edhopper Jun 4 #2

If the Democrats win back Congress this fall I predict a stock market correction. yardwork Jun 4 #4

Trump will still be President edhopper Jun 4 #22

The felon is shoveling billions of our tax dollars at AI to pump it up. pat_k 20 hrs ago #63

There are no crashes anymore. Market is rigged and irrational GreatGazoo Jun 4 #3

That kind of rigging can't hold forever paulkienitz Jun 4 #11

and yet here we are GreatGazoo Jun 4 #15

Something I think a lot of folks are missing are structural changes in the market. Happy Hoosier Friday #43

Have had similar thoughts GreatGazoo Friday #44

Yeah, lots of folks specualte about that kind of stuff... Happy Hoosier Friday #45

The issue is how many times have we been told to leave the market? Melon Jun 4 #5

Yeah, that's where I am ITAL Jun 4 #8

It took six years to recover edhopper Jun 4 #23

Six years isn't that long for me ITAL Jun 4 #24

Or get out now and edhopper Jun 4 #28

Preferably you are cost averaging. Melon Jun 4 #32

There are other investments edhopper Jun 4 #33

If you took your money out in 2007 edhopper Friday #40

Right. And if you bought a house in Florida in 2018 Melon Saturday #48

In general yes edhopper Saturday #49

Exactly. You can't ignore warnings this big and loud. paulkienitz Saturday #52

The amount of investment edhopper Saturday #54

And don't forget to factor in capital gains taxes. onenote Sunday #59

No it's not "just as risky". paulkienitz Jun 4 #9

Ill gotten ponzy...huh? You mean investment returns. Melon Jun 4 #21

"others success"? There is no success to profit from in AI. paulkienitz Jun 4 #25

Go read what Sam Altman is saying. Uber and Melon Jun 4 #31

That math doesn't math -- companies will not pay enough. paulkienitz Friday #34

Data Centers are not getting built Metaphorical Saturday #51

Those backstops trying to hold up the market are going to have their work cut out for them. paulkienitz Saturday #53

WSJ and Gallup did a story looking at how Democrat voters are losing money GreatGazoo Jun 4 #16

"Democratic." The adjective form is "Democratic." ColoringFool Jun 4 #17

I could have put a hyphen in there but noun GreatGazoo Jun 4 #20

No Johnny2X2X Jun 4 #6

I've heard that song before. paulkienitz Jun 4 #10

We've been waiting decades for a bubble Johnny2X2X Jun 4 #12

Index funds are like 50% AI bubble now. paulkienitz Jun 4 #14

9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero Polybius Friday #36

Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable. paulkienitz Friday #37

People are predicting the market is holding on Johonny Jun 4 #7

I turned some investments into a newer and larger house CanonRay Jun 4 #13

I'll just keep my NVIDIA,TYVM. ColoringFool Jun 4 #18

Jensen Huang is pulling sooo many circular-financing fast ones... paulkienitz Jun 4 #19

woops, NVidia has taken a downturn... could this be the turning point? paulkienitz Sunday #58

In early Nov., NVIDIA was at $207. Late March it was $165. Mid May, $236. Now its $205 onenote 21 hrs ago #62

There's huge demand for those AI GPUs... mostly paid for with bad debt paulkienitz 18 hrs ago #64

Heard the same shit from Thom Hartmann a few years back Ziggy Beans Jun 4 #26

That same lie was told before the last two crashes. paulkienitz Jun 4 #29

imho Fat gains should be pruned. Rotation is underway. bucolic_frolic Jun 4 #27

Simple.... multigraincracker Jun 4 #30

More apropos to the current situation, index funds do the opposite. paulkienitz Friday #38

I think that's a terrible prediction Polybius Friday #35

"doesnt crash anymore" paulkienitz Friday #39

Lol imagine taking investment advive from a panicked, anonymous internet poster. BannonsLiver Friday #41

I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room. paulkienitz Friday #47

Or not Happy Hoosier Friday #42

I have no intention of trying to call tops and bottoms. I just want to avoid big crashes. paulkienitz Friday #46

If you depend upon the money... Happy Hoosier Saturday #55

His mistake was not when he got out edhopper Saturday #50

But hindsight is 20/20. Happy Hoosier Saturday #56

At that point, after a massive crash edhopper Saturday #57

No one should ever take investment advice from random posters on the internet onenote Sunday #60

When we see a big obvious catastrophe coming, it falls on all of us to join in the warning. paulkienitz Monday #61