Just like the dotcom bubble, lots are putting money into AI. In many ways those gambling on the stock markets are behaving as if we are living in a world without crises.
In reality, we have the Strait of Hormuz still blocked, the wars in Iran and Ukraine continuing, high fuel prices, higher than expected inflation, high interest rates etc. The world is in a mess.
All the signs are appearing that the markets are about to crash. Many of us (whether we know it or not) have money invested in the stock markets via pension funds. Many invest in the stock markets as individuals.
Wear your hard hats!
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