this post was submitted on 17 Dec 2024
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United States | News & Politics

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How ‘the mother of all bubbles’ will pop (www.ft.com)
submitted 1 month ago by spaduf@slrpnk.net to c/usa@lemmy.ml
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[–] jordanlund@lemmy.world 11 points 1 month ago* (last edited 1 month ago)

Make America 1929 again? All the pieces are there...

[–] some_guy@lemmy.sdf.org 6 points 1 month ago* (last edited 1 month ago)

Hype for American superiority is now the stuff of TV, radio, podcasts, newspaper columns and magazine cover stories, which have a record of pointing the wrong way on future trends.

Exactly zero of the podcasts that I listen to think that we're doing well. I realize that this is a self-selecting echo chamber, but anyone who can think knows that we're not doing well.

Edit: see the Luigi memes for proof.

[–] The_Che_Banana@beehaw.org 5 points 1 month ago (1 children)

So how does one short a country?

[–] z3rOR0ne@lemmy.ml 2 points 1 month ago

Sell long term option calls and buy long term option puts on ETFs that track the S&P500, NASDAQ, and the DJIA.

[–] krimson@lemmy.world 4 points 1 month ago

https://youtu.be/OSQeLMhOLtU

[–] reagansrottencorpse@lemmy.ml 3 points 1 month ago

Cool, I'm already poor.