• LastYearsIrritant@sopuli.xyz
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    26 days ago

    Unfortunately almost anyone across the globe with a diversified, passive investment portfolio is going to be forced into subsidizing this, along with the other LLM companies that are looking to IPO this year due to the really crappy NASDAQ changes.

    • FlashMobOfOneBanned from community
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      26 days ago

      Yup.

      For the last six months I’ve been weighing going 90% to cash and money markets in my investments, just because the inevitability of energy becoming cost-prohibitive along with the US economy being propped up by seven companies, most of which are unprofitable, is just a scary notion. It feels prudent to take some profit now and hopefully avoid the worst of the crash later.

      We’re going to hear a lot about this IPO up until it hits as the billionaire-owned MSM is going to want to cash in big.

      • Bustedknuckles
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        26 days ago

        The thing that scares me about going cash is that I’m sure Trump and Rs would rather hyperinflate the dollar than let it all crash

        • FlashMobOfOneBanned from community
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          26 days ago

          I dunno. I think Iran may have taught enough of Donald’s people that they aren’t omnipotent, but we’ll see.

  • osanna@lemmy.vg
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    26 days ago

    Nice. I hope they keep losing money (mostly hope that fElon loses all his money)