this post was submitted on 01 Aug 2024
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It's more of a macroeconomic issue. There's too much investor money chasing too few good investments. Until our laws stop favoring the investor class, we're going to keep getting more and more of these bubbles, regardless of what they are for
Yeah it's just investment profit chasing from larger and larger bank accounts.
I'm waiting for one of these bubble pops to do lasting damage but with the amount of protections for specifically them and that money that can't be afforded to be "lost" means it's just everyone else that has to eat dirt.