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WarmWash • yesterday at 7:04 PM • 0 replies • view on HN

The depth of the current bubble extends way beyond a handful of nameplate AI companies.

The insane spending has effectively been acting as a nationwide stimulus for construction, the trades, hardware feeders, electronics companies, energy companies and then the downstream effects of the affluent class ("The 25%") spending more as they see their investments grow.

The economy is a net, not a whack-a-mole.