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Trump tax bill to add $3.4tn to US debt over next decade, new analysis finds
(www.theguardian.com)
this post was submitted on 22 Jul 2025
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Tech bubbles they're re-starting the crypto bubble, there's the AI bubble, the streaming bubble, ads on ads on ads bubble, cloud-all-the-things bubble, the centuries-old "use illegal foreign labour to keep costs low and profits high" bubble... that one isn't really tech, but it has kept the American economy inflated for quite a while..
I think the next step is them re-starting sub-prime mortgages
If there ever was a sign for all other countries to sell dollars fast it's that one.
The Hater's Guide To The AI Bubble
There's a real reason to believe that the MAG7 are precariously perched on the back of an overly-bullish outlook for future silicon chip sales. We also saw some general uncertainty in the market after Trump threatened to fire Powell (again).
And the dollar itself has been on a steady downward slide - over 15% since the start of Trump's term - which means US import power is deteriorating. Combined with the tariffs, we could very easily be looking at another supply chain crisis in the near future.
Does that mean America Is Over? Are we going to have a Greater Depression before Trump's term is out? 1000 years of darkness? Eh.
But a repeat of 2008 or the 2020 COVID crash isn't outside the realm of possibility. Compound this with the state of the legislature and their urge to speculate instead of govern, and you can see a lot of solvable minor issues balloon into major crisises simply because the people in charge of addressing the problems don't act quickly.