This crazy blogger has it in his head that by the IPO of SpaceX and the other non-solvent companies, the stock market will be destroyed. It will destroy life savings, retirement, and pensions.
Now you may ask how will it do that? These non-profitable companies will take money from profitable companies, thereby diluting the money saved.
No one is saying where the money that is needed to use AI companies and to travel to Mars is coming from.
Now companies are asking people to pay to go Add free. At one time, there was only a limited amount of ads on these platforms; now there is more time taken up by ads than content.
Almost 100 years ago, the stock market crashed, and along with it came the Great Depression. Do you, the reader, think like me, this not-too-smart blogger, because of the weakening of regulations, there is an excellent chance of another market crash and another Great Depression?
In conclusion, did America commit economic suicide by loosening regulations?
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