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> And when this all falls apart — and I believe it will — there will be a very public reckoning for the tech industry. and will trigger the collapse of the wid
by somewhereoutth 2y ago
> And when this all falls apart — and I believe it will — there will be a very public reckoning for the tech industry.
and will trigger the collapse of the wider asset price bubble, with consequent economic turmoil - an unfortunately necessary reset, in my opinion.
I suppose the good news is that likely the current US administration will wear this one, though not completely being their fault (much like Covid), and a political reset will also ensue.